Index Jan 2007=100, Monthly
SWEEIAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.90
Year-over-Year Change
0.39%
Date Range
1/1/2007 - 6/1/2013
Summary
The Index Jan 2007=100, Monthly tracks the average weekly earnings of all employees in the United States. This metric provides insight into wage growth and labor market dynamics.
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 Index Jan 2007=100, Monthly measures the average weekly earnings for all employees on private nonfarm payrolls. It is a key indicator of the purchasing power and living standards of American workers.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This index is closely monitored by policymakers, economists, and investors to assess inflationary pressures and the overall health of the labor market.
Key Facts
- The index has a base year of January 2007 = 100.
- Earnings are reported on a seasonally adjusted basis.
- The data is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Index Jan 2007=100, Monthly tracks the average weekly earnings of all employees on private nonfarm payrolls in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into wage growth and the overall health of the labor market, which are key factors in assessing the economic well-being of American workers and the potential for inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor this index to assess labor market conditions and potential inflationary pressures, which informs decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Index Jan 2007=100, Monthly is released monthly by the Bureau of Labor Statistics with no known delays or limitations.
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Citation
U.S. Federal Reserve, Index Jan 2007=100, Monthly (SWEEIAM), retrieved from FRED.