Average Weekly Earnings of All Employees: Trade, Transportation, and Utilities in Mississippi
SMU28000004000000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
953.51
Year-over-Year Change
6.46%
Date Range
1/1/2007 - 7/1/2025
Summary
This economic trend measures the average weekly earnings of all employees in the trade, transportation, and utilities sector in Mississippi. It provides insights into wage levels and changes in this critical economic region.
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 Mississippi tracks the average weekly compensation for workers in these key industries across the state. This metric is used by economists and policymakers to assess economic conditions and labor market trends.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by analysts to understand consumer spending power and the health of Mississippi's economy.
Key Facts
- The data is released monthly by the U.S. Bureau of Labor Statistics.
- Trade, transportation, and utilities account for over 20% of Mississippi's employment.
- Wages in this sector have steadily increased in Mississippi over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of all employees working in the trade, transportation, and utilities sector in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into wage levels and changes within a key part of Mississippi's economy, which can inform assessments of consumer spending power and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to understand labor market dynamics and consumer spending power in Mississippi, which can inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical 1-2 month delay between the reference period and public release.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Trade, Transportation, and Utilities in Mississippi (SMU28000004000000011), retrieved from FRED.