Monthly, Seasonally Adjusted
SWEURMALEMDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
192.19
Year-over-Year Change
-0.56%
Date Range
1/1/1970 - 4/1/2012
Summary
The 'Monthly, Seasonally Adjusted' trend measures the average hourly earnings of male production and nonsupervisory employees in the United States. This key economic indicator provides insights into labor market dynamics and wage growth.
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 changes in average hourly wages for male workers in the private sector, excluding managers and supervisors. It is a widely used gauge of inflationary pressures and the overall health of the U.S. labor market.
Methodology
Data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to inform decisions on monetary and fiscal policy.
Key Facts
- The data is seasonally adjusted to account for regular fluctuations.
- This metric excludes management and supervisory positions.
- Wage growth is a key indicator of inflation and overall economic conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' trend measures the average hourly earnings of male production and nonsupervisory employees in the United States.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides insights into labor market dynamics and wage growth, which are important factors for policymakers and economists.
Q: How is this data collected or calculated?
A: Data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of about one month.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SWEURMALEMDSMEI), retrieved from FRED.