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Number, Quarterly level, Seasonally Adjusted

WSCNDW01CZQ489S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8,147.07

Year-over-Year Change

22.04%

Date Range

1/1/1996 - 10/1/2018

Summary

This economic indicator measures the quarterly level of wages and salaries in the U.S., adjusted for seasonal variations. It provides insights into trends in employee compensation, a key component of economic performance.

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 Wages and Salaries, Quarterly Level, Seasonally Adjusted series tracks the total compensation paid to U.S. employees on a quarterly basis. This metric is an important barometer of consumer purchasing power and can inform policy decisions related to inflation, employment, and economic growth.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.

Historical Context

Economists and policymakers closely monitor this trend to assess the health of the labor market and broader economy.

Key Facts

  • Wages and salaries account for over 50% of U.S. GDP.
  • This series has been published quarterly since 1947.
  • The data is adjusted for seasonal variations to reveal underlying trends.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total quarterly level of wages and salaries paid to U.S. employees, adjusted for seasonal factors.

Q: Why is this trend relevant for users or analysts?

A: Wages and salaries are a key component of consumer purchasing power and economic growth, making this metric important for assessing the health of the labor market and broader economy.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.

Q: How is this trend used in economic policy?

A: Economists and policymakers closely monitor this indicator to inform decisions related to employment, inflation, and overall economic performance.

Q: Are there update delays or limitations?

A: This series is published quarterly with a lag, so there may be a delay in accessing the most recent data.

Related Trends

Citation

U.S. Federal Reserve, Wages and Salaries, Quarterly Level, Seasonally Adjusted (WSCNDW01CZQ489S), retrieved from FRED.