Transportation and Warehousing Earnings in Wisconsin
WIETRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,136,851.00
Year-over-Year Change
8.75%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Transportation and Warehousing Earnings in Wisconsin' trend measures the average weekly earnings of workers in the transportation and warehousing industry in the state of Wisconsin. This data point is closely watched by economists and policymakers to gauge the health of a key economic 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
This series tracks the average weekly earnings of employees in Wisconsin's transportation and warehousing industry, which includes occupations such as truck driving, air transportation, and warehousing and storage. The data provides insights into wage trends and labor market conditions within a critical infrastructure sector.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers use this data to inform decisions around infrastructure investment, workforce development, and economic development initiatives.
Key Facts
- Wisconsin's transportation and warehousing industry employs over 100,000 workers.
- Average weekly earnings in this sector have risen by 20% over the past decade.
- The state's logistics and distribution hubs are major economic drivers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of workers in the transportation and warehousing industry in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This data is closely watched by economists and policymakers to gauge the health of a key economic sector and labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers use this data to inform decisions around infrastructure investment, workforce development, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, Transportation and Warehousing Earnings in Wisconsin (WIETRA), retrieved from FRED.