Transportation and Warehousing Earnings in Tennessee
TNETRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,170,089.00
Year-over-Year Change
12.38%
Date Range
1/1/1998 - 1/1/2025
Summary
The Transportation and Warehousing Earnings in Tennessee metric measures the average weekly earnings for workers in the transportation and warehousing industry in the state of Tennessee. This data provides insights into the economic activity and labor market conditions in a key sector of the state's economy.
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 Transportation and Warehousing Earnings in Tennessee metric reports the average weekly earnings for employees in industries related to transportation, logistics, and distribution within the state. This data point is a key economic indicator used by analysts and policymakers to gauge the strength and growth of Tennessee's transportation and logistics sector.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of employers in Tennessee.
Historical Context
Policymakers and business leaders utilize this metric to inform decisions related to infrastructure investment, workforce development, and economic planning in the transportation industry.
Key Facts
- The average weekly earnings in Tennessee's transportation and warehousing sector were $957 as of the latest data.
- Transportation and warehousing accounts for over 4% of total employment in Tennessee.
- Earnings in this sector have grown by 20% over the past 5 years in the state.
FAQs
Q: What does this economic trend measure?
A: The Transportation and Warehousing Earnings in Tennessee metric measures the average weekly earnings for workers employed in industries related to transportation, logistics, and distribution within the state.
Q: Why is this trend relevant for users or analysts?
A: This data point provides important insights into the strength and growth of a key sector of Tennessee's economy, which is crucial for economic planning, workforce development, and infrastructure investment decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of employers in Tennessee.
Q: How is this trend used in economic policy?
A: Policymakers and business leaders utilize this metric to inform decisions related to infrastructure investment, workforce development, and economic planning in the transportation industry in Tennessee.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 1-2 month delay in reporting.
Related Trends
Real Gross Domestic Product: Natural Resources and Mining (11, 21) in Tennessee
TNNATRESMINRGSP
Real Gross Domestic Product: Paper Manufacturing (322) in Tennessee
TNPAPMANRGSP
Real Personal Income for Tennessee
TNRPI
Housing Inventory: Average Listing Price in Tennessee
AVELISPRITN
Chain-Type Quantity Index for Real GDP: Real Estate (531) in Tennessee
TNREALQGSP
Per Capita Personal Consumption Expenditures: Services for Tennessee
TNPCEPCSRV
Citation
U.S. Federal Reserve, Transportation and Warehousing Earnings in Tennessee (TNETRA), retrieved from FRED.