Average Weekly Earnings of All Employees: Leisure and Hospitality in Oregon
SMU41000007000000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
605.50
Year-over-Year Change
-0.20%
Date Range
1/1/2007 - 6/1/2025
Summary
The 'Average Weekly Earnings of All Employees: Leisure and Hospitality in Oregon' trend measures the average weekly earnings for workers in the leisure and hospitality sector in the state of Oregon. This data provides insights into the economic well-being and compensation levels within a key 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
This economic series tracks the average weekly earnings for all employees in the leisure and hospitality industry in Oregon. It serves as an important indicator of compensation trends and cost-of-living factors for workers in this sector, which includes jobs in hotels, restaurants, arts, entertainment, and recreation.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this data to assess the relative strength of the leisure and hospitality industry and its role in the broader Oregon economy.
Key Facts
- Oregon's leisure and hospitality sector employs over 200,000 workers.
- Average weekly earnings in this industry are lower than the state's overall private sector average.
- Earnings in leisure and hospitality have grown by 20% over the past decade in Oregon.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings for all employees in the leisure and hospitality industry in the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into compensation levels and cost-of-living factors for workers in a key sector of the Oregon economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the relative strength of the leisure and hospitality industry and its role in the broader Oregon economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Leisure and Hospitality in Oregon (SMU41000007000000011), retrieved from FRED.