Measures the percentage change in the wages and salaries paid to employees during the previous quarter. This indicator is a vital sign of labor market health and consumer purchasing power. It is often used by economists to forecast consumer spending and overall economic growth.
Data is collected through employer surveys and represents the change in straight-time hourly wage rates. It excludes overtime, bonuses, and non-production payments to focus on core wage trends.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jul 31, 2026 | 0.90 | — | — |
| Apr 30, 2026 | 0.80 | — | — |
| Feb 10, 2026 | 0.70 | — | — |
| Dec 10, 2025 | 0.80 | — | — |
| Jul 31, 2025 | 1.00 | — | — |
| Apr 30, 2025 | 0.80 | — | — |
| Jan 31, 2025 | 0.90 | — | — |
| Oct 31, 2024 | 0.80 | — | — |
| Jul 31, 2024 | 0.90 | — | — |
| Jan 31, 2018 | 0.50 | — | — |
| Oct 31, 2017 | 0.70 | — | — |
| Jul 28, 2017 | 0.50 | — | — |
