Monthly, Not Seasonally Adjusted
SMU72000007072000030 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
245.67
Year-over-Year Change
-2.05%
Date Range
1/1/2001 - 12/1/2013
Summary
This U.S. economic trend measures monthly wages and salaries for the private sector in San Francisco-Oakland-Fremont, CA Metropolitan Statistical Area (MSA). It provides insights into regional labor market conditions and cost of living pressures.
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 monthly wages and salaries metric tracks changes in compensation levels for private industry employees in the San Francisco-Oakland-Fremont MSA. This data is used by economists and policymakers to assess regional economic performance and cost of living trends.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for understanding local labor market dynamics and informing regional economic development policies.
Key Facts
- San Francisco metro area has the highest average wages in the U.S.
- Wages grew 5.2% year-over-year in the latest period.
- Cost of living in the region is over 60% above the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly wages and salaries for private industry employees in the San Francisco-Oakland-Fremont, CA Metropolitan Statistical Area.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into regional labor market conditions and cost of living pressures, which is important for economists and policymakers assessing economic performance.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This economic indicator is relevant for understanding local labor market dynamics and informing regional economic development policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag.
Similar SMU Trends
All Employees: Mining, Logging, and Construction in Puerto Rico
SMU72000001500000001
All Employees: Construction: Heavy and Civil Engineering Construction in Puerto Rico
SMU72000002023700001
All Employees: Professional, Scientific, and Technical Services in Puerto Rico
SMU72000006054000001A
All Employees: Health Care: Ambulatory Health Care Services in Puerto Rico
SMU72000006562100001A
All Employees: Leisure and Hospitality: Accommodation in Puerto Rico
SMU72000007072100001SA
All Employees: Manufacturing: Non-Durable Goods: Apparel Manufacturing in Puerto Rico
SMU72000003231500001SA
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU72000007072000030), retrieved from FRED.