All Employees: Retail Trade in Wisconsin
Monthly, Not Seasonally Adjusted
SMU55000004200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
297.40
Year-over-Year Change
-0.77%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' economic trend measures the average hourly earnings of production and nonsupervisory employees in the private sector. This metric provides insight into wage growth and labor market conditions.
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 series tracks the monthly average hourly earnings for private sector production and nonsupervisory workers without seasonal adjustments. It is a key indicator of the strength and dynamism of the U.S. labor market, used by economists and policymakers to assess employment and inflationary pressures.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This wage trend data informs Federal Reserve and government policy decisions related to employment, inflation, and the broader economy.
Key Facts
- The average hourly wage in the U.S. private sector was $32.82 as of the latest release.
- Wage growth has outpaced inflation in recent years, indicating a tightening labor market.
- This data series has been tracked by the Bureau of Labor Statistics since 1964.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the average hourly earnings of production and nonsupervisory employees in the private sector, providing insight into wage growth.
Q: Why is this trend relevant for users or analysts?
A: This wage data is a key indicator of labor market conditions and inflationary pressures, informing economic policy decisions by the Federal Reserve and government.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The average hourly earnings trend is used by economists and policymakers to assess employment, inflation, and the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: This data series is released monthly by the Bureau of Labor Statistics with minimal delays, providing timely insights into wage trends.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU55000004200000001), retrieved from FRED.