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Average Hourly Earnings of Production Employees: Durable Goods: Machinery Manufacturing in Chicago-Naperville-Arlington Heights, IL (MD) (DISCONTINUED) (SMU17169743133300008SA)

Observations

Dec 2018: 25.1
Updated: Jan 18, 2019 6:00 PM CST
Dec 2018:  25.1  
Nov 2018:  25.3  
Oct 2018:  25.0  
Sep 2018:  24.8  
Aug 2018:  24.8  

Units:

Dollars per Hour,
Seasonally Adjusted

Frequency:

Monthly

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Notes

Title Release Dates
Average Hourly Earnings of Production Employees: Durable Goods: Machinery Manufacturing in Chicago-Joliet-Naperville, IL (MD) 2014-01-28 2015-03-26
Average Hourly Earnings of Production Employees: Durable Goods: Machinery Manufacturing in Chicago-Naperville-Arlington Heights, IL (MD) 2015-03-27 2019-01-17
Average Hourly Earnings of Production Employees: Durable Goods: Machinery Manufacturing in Chicago-Naperville-Arlington Heights, IL (MD) (DISCONTINUED) 2019-01-18 2019-01-18
 
Source    
U.S. Bureau of Labor Statistics 2014-01-28 2015-03-26
Federal Reserve Bank of St. Louis 2014-01-28 2015-03-26
U.S. Bureau of Labor Statistics 2015-03-27 2018-11-15
Federal Reserve Bank of St. Louis 2015-03-27 2018-11-15
U.S. Bureau of Labor Statistics 2018-11-16 2019-01-17
Federal Reserve Bank of St. Louis 2018-11-16 2019-01-17
U.S. Bureau of Labor Statistics 2019-01-18 2019-01-18
Federal Reserve Bank of St. Louis 2019-01-18 2019-01-18
 
Release    
State and Metro Area Employment, Hours, and Earnings 2014-01-28 2019-01-18
 
Units    
Dollars per Hour 2014-01-28 2019-01-18
 
Frequency    
Monthly 2014-01-28 2019-01-18
 
Seasonal Adjustment    
Seasonally Adjusted 2014-01-28 2019-01-18
 
Notes    
The Federal Reserve Bank of St. Louis seasonally adjusts this series by using the 'x12' package from R with default parameter settings. The package uses the U.S. Bureau of the Census X-12-ARIMA Seasonal Adjustment Program. More information on the 'x12' package can be found at http://cran.r-project.org/web/packages/x12/x12.pdf. More information on X-12-ARIMA can be found at http://www.census.gov/srd/www/x12a/.

2014-01-28 2018-11-15
The Federal Reserve Bank of St. Louis seasonally adjusts this series by using the 'x12' package from R with default parameter settings. The package uses the U.S. Bureau of the Census X13-ARIMA-SEATS Seasonal Adjustment Program. More information on the 'x12' package can be found at https://cran.r-project.org/web/packages/x12/index.html. More information on X13-ARIMA-SEATS can be found at https://www.census.gov/srd/www/x13as/.

2018-11-16 2019-01-17
This series is discontinued and will no longer be updated. The Federal Reserve Bank of St. Louis previously calculated this seasonally adjusted (SA) series based on the not seasonally adjusted (NSA) version available here (https://fred.stlouisfed.org/series/SMU17169743133300008). However, most of the earnings-related series do not have a significant seasonal component, so the values for both the SA and the NSA series are very similar. See the NSA series (https://fred.stlouisfed.org/series/SMU17169743133300008) for updated values.

The Federal Reserve Bank of St. Louis used to seasonally adjust this series by using the 'statsmodels' library from Python with default parameter settings. The package uses the U.S. Bureau of the Census X-13ARIMA-SEATS Seasonal Adjustment Program. More information on the 'statsmodels' X-13ARIMA-SEATS package can be found here (https://www.statsmodels.org/dev/generated/statsmodels.tsa.x13.x13_arima_analysis.html). More information on X-13ARIMA-SEATS can be found here (https://www.census.gov/data/software/x13as.html).

Many series include both seasonally adjusted (SA) and not seasonally adjusted (NSA) data. Occasionally, updates to the data will not include sufficient seasonal factors to trigger a seasonal adjustment. In these cases, the NSA series will be updated normally; but the SA series will also be updated with the NSA data. The NSA series can be located here here (https://fred.stlouisfed.org/series/SMU17169743133300008).

Some seasonally adjusted series may exhibit negative values because they are created from a seasonal adjustment process regardless of the actual meaning or interpretation of the given indicator.

2019-01-18 2019-01-18

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Machines Metropolitan Division Chicago Illinois Durable Goods Hours Production State and Metro Area Employment, Hours, and Earnings Discontinued Goods St. Louis Fed Manufacturing Employment Seasonally Adjusted Bureau of Labor Statistics Monthly Public Domain: Citation Requested United States of America