Title: Average Hourly Earnings of All Employees: Financial Activities in Massachusetts (DISCONTINUED) Series ID: SMU25000005500000003SA Source: U.S. Bureau of Labor Statistics, Federal Reserve Bank of St. Louis Release: State and Metro Area Employment, Hours, and Earnings (Not a Press Release) Seasonal Adjustment: Seasonally Adjusted Frequency: Monthly Units: Dollars per Hour Date Range: 2007-01-01 to 2022-03-01 Last Updated: 2022-04-16 4:49 AM CDT Notes: 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/SMU25000005500000003). 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/SMU25000005500000003) for updated values. The Federal Reserve Bank of St. Louis previously 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/SMU25000005500000003). 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. DATE VALUE 2007-01-01 29.452196824297200 2007-02-01 30.008057407730700 2007-03-01 27.894743080462700 2007-04-01 31.308158416559700 2007-05-01 30.528475800171600 2007-06-01 28.887838433245100 2007-07-01 30.297635302167700 2007-08-01 29.942009682713500 2007-09-01 30.713243463923103 2007-10-01 31.565078013246100 2007-11-01 30.170865459630700 2007-12-01 28.856978194130000 2008-01-01 28.493415312017900 2008-02-01 28.517172939577602 2008-03-01 28.957878843289900 2008-04-01 28.890661684729000 2008-05-01 29.021340732114100 2008-06-01 29.478273065928600 2008-07-01 29.129257587530500 2008-08-01 29.816852725541600 2008-09-01 29.917875111178798 2008-10-01 30.204887586395103 2008-11-01 30.525672487453498 2008-12-01 30.215947433077602 2009-01-01 30.747180803641600 2009-02-01 30.935482916563696 2009-03-01 31.047253197034998 2009-04-01 31.350870091087200 2009-05-01 31.439186184362400 2009-06-01 31.522868977984000 2009-07-01 31.633111134702396 2009-08-01 31.629963956445398 2009-09-01 31.118369604993703 2009-10-01 31.399369321493300 2009-11-01 31.737791964542104 2009-12-01 31.473181123604103 2010-01-01 31.705453494795197 2010-02-01 31.511981990990897 2010-03-01 31.640812081344700 2010-04-01 31.716721298892900 2010-05-01 31.897575849554602 2010-06-01 31.901191959107198 2010-07-01 32.794739512561300 2010-08-01 32.201110845111700 2010-09-01 32.232103274674600 2010-10-01 31.783895566062700 2010-11-01 32.152900564554900 2010-12-01 32.541714793485800 2011-01-01 33.771011665912400 2011-02-01 32.820041669649300 2011-03-01 33.081039078596300 2011-04-01 32.902552226695600 2011-05-01 32.909981590169800 2011-06-01 33.356299259692300 2011-07-01 33.734973386522896 2011-08-01 33.481766775492396 2011-09-01 33.745213381241400 2011-10-01 34.295207366040800 2011-11-01 34.407107853983000 2011-12-01 34.776774954417200 2012-01-01 34.770841812509900 2012-02-01 34.677811278534200 2012-03-01 34.534807301774200 2012-04-01 34.949204976386200 2012-05-01 34.901237133963100 2012-06-01 34.617073574226396 2012-07-01 34.426718034718700 2012-08-01 34.748144611054805 2012-09-01 34.770437351964800 2012-10-01 34.335107763047700 2012-11-01 34.645418722814696 2012-12-01 34.964692266436000 2013-01-01 34.519459314230500 2013-02-01 34.575002978078900 2013-03-01 33.511699992721400 2013-04-01 33.946699995199296 2013-05-01 34.119190351231800 2013-06-01 35.424712630227106 2013-07-01 34.617860954763600 2013-08-01 34.654574409996000 2013-09-01 35.171773283137000 2013-10-01 34.578917938519800 2013-11-01 33.948045291490700 2013-12-01 34.256276957934700 2014-01-01 34.179318205188500 2014-02-01 35.153960357008700 2014-03-01 35.357441999759200 2014-04-01 35.801399160022200 2014-05-01 36.350940129732500 2014-06-01 35.207908687842200 2014-07-01 35.573267250965294 2014-08-01 35.873529894331700 2014-09-01 36.725208861325100 2014-10-01 36.491875959415600 2014-11-01 37.073639637988800 2014-12-01 36.646920573511710 2015-01-01 37.349835261792606 2015-02-01 36.979117733973900 2015-03-01 37.678602932650100 2015-04-01 37.437958588716300 2015-05-01 37.498161335403200 2015-06-01 38.066460744586500 2015-07-01 38.068590464997400 2015-08-01 38.843632823120200 2015-09-01 37.981392487382600 2015-10-01 38.588131086862000 2015-11-01 38.887597932888400 2015-12-01 39.193592390357400 2016-01-01 39.901206728415700 2016-02-01 39.586800742994704 2016-03-01 38.813862838239800 2016-04-01 39.778987241332100 2016-05-01 40.006775741096000 2016-06-01 38.823765742136500 2016-07-01 40.590201021082500 2016-08-01 39.755307769272400 2016-09-01 40.028952785094600 2016-10-01 40.819998013524796 2016-11-01 40.618559259717200 2016-12-01 40.485210909824296 2017-01-01 40.786848917225704 2017-02-01 41.083329277247000 2017-03-01 41.949464463403900 2017-04-01 41.826429159262300 2017-05-01 41.165062408988400 2017-06-01 41.547698558733295 2017-07-01 41.991697014279600 2017-08-01 41.995247722500900 2017-09-01 42.338482208562700 2017-10-01 42.366224351058200 2017-11-01 42.325306162797600 2017-12-01 42.467533914130200 2018-01-01 41.658166525626896 2018-02-01 42.481106902802600 2018-03-01 42.581963789144794 2018-04-01 42.772476704662200 2018-05-01 43.347760306459400 2018-06-01 43.184163244789000 2018-07-01 43.128232010163900 2018-08-01 42.588488507278290 2018-09-01 42.677341623903900 2018-10-01 42.348736541844500 2018-11-01 42.735265395391700 2018-12-01 44.212687470163200 2019-01-01 43.143709576466600 2019-02-01 43.506417975914710 2019-03-01 43.776844391556800 2019-04-01 44.178219918965400 2019-05-01 44.232463839234505 2019-06-01 45.027333909783710 2019-07-01 45.109251317610600 2019-08-01 46.115959324869900 2019-09-01 46.313259449090300 2019-10-01 46.666125432086000 2019-11-01 44.967980633695500 2019-12-01 46.235972000928300 2020-01-01 46.542581478344900 2020-02-01 46.894937772797390 2020-03-01 45.292494613884200 2020-04-01 45.913138340372000 2020-05-01 46.231478112460900 2020-06-01 46.512705847592294 2020-07-01 46.314719732397390 2020-08-01 46.683302805733010 2020-09-01 47.147259920886000 2020-10-01 47.355476764844894 2020-11-01 48.103363777807000 2020-12-01 48.475246698009606 2021-01-01 48.848055185707100 2021-02-01 49.278895906912400 2021-03-01 49.635167840804996 2021-04-01 49.714932119801205 2021-05-01 50.359748450173400 2021-06-01 50.108095079604900 2021-07-01 50.566275269064290 2021-08-01 50.727039972172300 2021-09-01 49.991945642200300 2021-10-01 49.950634900623506 2021-11-01 50.483873345168300 2021-12-01 51.574540800645500 2022-01-01 50.179699431241000 2022-02-01 49.141688444004790 2022-03-01 49.506427762095700