Finance and Insurance Wages and Salaries in Wisconsin
WIWFIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,916,951.00
Year-over-Year Change
15.35%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Finance and Insurance Wages and Salaries in Wisconsin' series measures total wages and salaries paid to workers in the finance and insurance industry within the state of Wisconsin. This metric provides insight into economic conditions and employment trends in a critical 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 economic indicator tracks total compensation for employees in Wisconsin's finance and insurance sector, including banks, insurance companies, and other financial institutions. It is a key measure of activity and labor market health in this important industry.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through employer surveys.
Historical Context
Finance and insurance trends are closely monitored by policymakers, analysts, and investors to assess the broader economic climate.
Key Facts
- Wisconsin's finance and insurance sector employs over 100,000 workers.
- Wages in this industry are typically higher than the state average.
- The sector accounts for about 5% of Wisconsin's total economic output.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total wages and salaries paid to employees in Wisconsin's finance and insurance industry, providing insight into compensation levels and employment in this sector.
Q: Why is this trend relevant for users or analysts?
A: The finance and insurance industry is a critical part of Wisconsin's economy, and this metric helps evaluate the health and activity of this sector.
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 Wisconsin.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor finance and insurance trends to assess the broader economic climate and make informed decisions.
Q: Are there update delays or limitations?
A: This data is published on a monthly basis, with a typical 1-2 month lag between the reference period and the release date.
Related Trends
Monthly State Retail Sales: Sporting Good, Hobby, Musical Instrument and Book Stores in Wisconsin
MSRSWI451
Value of Exports to Greece from Wisconsin
WIGRCA052SCEN
Residential Carbon Dioxide Emissions, Kerosene for Wisconsin
EMISSCO2VKSRCBWIA
Average Weekly Hours of Production Employees: Manufacturing in Wisconsin
SMU55000003000000007A
Business Applications for Wisconsin
BUSAPPWNSAWI
Employed Persons in Wisconsin
LAUST550000000000005A
Citation
U.S. Federal Reserve, Finance and Insurance Wages and Salaries in Wisconsin (WIWFIN), retrieved from FRED.