Average Weekly Hours of All Employees: Financial Activities in Wisconsin
SMU55000005500000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.00
Year-over-Year Change
2.15%
Date Range
1/1/2007 - 7/1/2025
Summary
The Average Weekly Hours of All Employees: Financial Activities in Wisconsin metric tracks the average number of hours worked per week by employees in the financial sector within the state of Wisconsin. This key labor market indicator provides insight into the economic health and productivity of the state's financial 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 series measures the average weekly hours worked by all employees, both full-time and part-time, in the financial activities sector in the state of Wisconsin. It is a valuable indicator of labor market conditions and can be used to assess trends in productivity, labor demand, and overall economic activity within Wisconsin's financial industry.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this trend to gauge the strength and outlook of Wisconsin's financial sector and its broader economic implications.
Key Facts
- Wisconsin's financial sector accounts for over 5% of the state's GDP.
- The average weekly hours in this sector have remained relatively stable over the past decade.
- Fluctuations in this metric can signal changes in labor demand and productivity within Wisconsin's financial industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by employees in the financial activities sector within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and productivity of Wisconsin's financial industry, which is an important component of the state's economy.
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: Policymakers and analysts monitor this trend to gauge the strength and outlook of Wisconsin's financial sector and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Financial Activities in Wisconsin (SMU55000005500000002), retrieved from FRED.