All Employees: Professional and Business Services: Management of Companies and Enterprises in Utah
Not Seasonally Adjusted
SMU49000006055000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.20
Year-over-Year Change
3.42%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series measures the hourly earnings of production and nonsupervisory employees in the private sector, without adjusting for seasonal variations.
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 indicator provides insight into labor market conditions and wage trends. It is used by economists, policymakers, and analysts to assess the health of the U.S. economy and inform decisions.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
The 'Not Seasonally Adjusted' series is a key input for analyzing employment, consumer spending, and inflationary pressures.
Key Facts
- The series covers all private industries except agriculture and private households.
- Data is reported monthly and not seasonally adjusted.
- Hourly earnings reflect base rate pay and do not include overtime pay, bonuses, or other forms of compensation.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series measures the hourly earnings of production and nonsupervisory employees in the private sector, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into labor market conditions and wage trends, which are important for understanding the health of the U.S. economy and informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The 'Not Seasonally Adjusted' series is a key input for analyzing employment, consumer spending, and inflationary pressures, which are important considerations for economic policymakers.
Q: Are there update delays or limitations?
A: The data is reported monthly, and there may be some delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU49000006055000001), retrieved from FRED.