Average Weekly Earnings of All Employees: Trade, Transportation, and Utilities in Indiana
SMU18000004000000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
944.39
Year-over-Year Change
1.90%
Date Range
1/1/2007 - 6/1/2025
Summary
This economic trend measures the average weekly earnings of all employees in the trade, transportation, and utilities sector in Indiana. It provides insights into the wage dynamics and economic conditions within this important industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Average Weekly Earnings of All Employees: Trade, Transportation, and Utilities in Indiana is a key indicator that tracks the average weekly earnings of workers in this combined sector across the state. It is used by economists and policymakers to assess labor market trends and the overall health of the state's economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding consumer spending power, inflationary pressures, and the competitiveness of Indiana's labor market.
Key Facts
- The series has been tracked since 1990.
- Indiana's trade, transportation, and utilities sector employs over 600,000 workers.
- Average weekly earnings in this sector have risen by over 50% since 2000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of all employees in the trade, transportation, and utilities sector across the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the wage dynamics and economic conditions within an important industry, which is useful for assessing consumer spending power, inflationary pressures, and labor market competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand labor market trends and the overall health of Indiana's economy, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated monthly with a typical lag of one to two months.
Similar SMU Trends
Chain-Type Quantity Index for Real GDP: Administrative and Support and Waste Management and Remediation Services (56) in Indiana
INADMINWASTQGSP
All Employees: Educational Services: Colleges, Universities, and Professional Schools in Indiana
SMU18000006561130001A
Average Hourly Earnings of All Employees: Construction in Indiana
SMU18000002000000003
Number of Banks in Indiana
X08ABIN
Chain-Type Quantity Index for Real GDP: Real Estate and Rental and Leasing (53) in Indiana
INRERENTLEAQGSP
Average Weekly Earnings of All Employees: Private Service Providing in Indiana
SMU18000000800000011A
Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Trade, Transportation, and Utilities in Indiana (SMU18000004000000011), retrieved from FRED.