Title: Average Hourly Earnings of All Employees: Professional and Business Services in Rhode Island (DISCONTINUED) Series ID: SMU44000006000000003SA 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 4:23 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/SMU44000006000000003). 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/SMU44000006000000003) 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/SMU44000006000000003). 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 28.242365963192600 2007-02-01 28.355200524520196 2007-03-01 27.734749824392400 2007-04-01 28.332242522077397 2007-05-01 28.694044160629396 2007-06-01 28.195692563431397 2007-07-01 29.120744504820600 2007-08-01 28.999506198709900 2007-09-01 28.909519350795303 2007-10-01 28.825734851438604 2007-11-01 28.593892591739300 2007-12-01 28.371574459245000 2008-01-01 28.453438314769300 2008-02-01 28.418107223849397 2008-03-01 28.662994270972600 2008-04-01 28.642363047276000 2008-05-01 28.594159442248202 2008-06-01 28.687339960320802 2008-07-01 28.688586607912697 2008-08-01 28.637333055643396 2008-09-01 28.730723409524302 2008-10-01 28.551806589959604 2008-11-01 28.865761610007300 2008-12-01 28.891668524246400 2009-01-01 28.795945483785600 2009-02-01 28.801931877585698 2009-03-01 28.287025056127600 2009-04-01 28.009318391528897 2009-05-01 27.751366661119400 2009-06-01 27.785280209760700 2009-07-01 27.113667713653000 2009-08-01 27.053667092140700 2009-09-01 26.957719310893896 2009-10-01 26.968205854034700 2009-11-01 26.795012102018500 2009-12-01 26.943055950751900 2010-01-01 26.735728613398900 2010-02-01 26.839836998725500 2010-03-01 27.057005553678700 2010-04-01 27.207623925054897 2010-05-01 27.222261780906500 2010-06-01 27.565381688906400 2010-07-01 27.416656725552603 2010-08-01 27.654764913509500 2010-09-01 27.652369473830102 2010-10-01 27.630922463786500 2010-11-01 27.471604137514895 2010-12-01 27.510964546643300 2011-01-01 27.301976323745700 2011-02-01 27.356907137561800 2011-03-01 27.404449532189002 2011-04-01 27.321538551985803 2011-05-01 28.123710811952300 2011-06-01 28.626182876175200 2011-07-01 29.963489054746700 2011-08-01 29.720016170773697 2011-09-01 29.928770563445898 2011-10-01 30.099501558496105 2011-11-01 30.580667704680298 2011-12-01 30.231073765118300 2012-01-01 30.781292251478000 2012-02-01 30.156472459687900 2012-03-01 30.524767851618600 2012-04-01 30.661732714834700 2012-05-01 30.203428020654602 2012-06-01 30.017729434924398 2012-07-01 30.432047356726898 2012-08-01 30.509763150644500 2012-09-01 31.064707468129500 2012-10-01 30.482496525703100 2012-11-01 29.751004681014198 2012-12-01 30.209182911634496 2013-01-01 30.084951820796000 2013-02-01 30.068927028981104 2013-03-01 30.019684246707396 2013-04-01 29.948139905646800 2013-05-01 30.209448159642300 2013-06-01 29.695550419820500 2013-07-01 29.919767179413398 2013-08-01 29.704447248067304 2013-09-01 29.759388604170898 2013-10-01 29.702934082824400 2013-11-01 29.526189147125397 2013-12-01 30.299594695928900 2014-01-01 29.605635110046396 2014-02-01 29.702476385847696 2014-03-01 29.499322778020300 2014-04-01 29.324205890064400 2014-05-01 29.001078702256798 2014-06-01 29.382520397313500 2014-07-01 28.220839663712695 2014-08-01 28.923694047098103 2014-09-01 28.465655286749700 2014-10-01 28.824513619795400 2014-11-01 29.400157270812503 2014-12-01 29.749309931224197 2015-01-01 29.839790118735800 2015-02-01 30.503909613328900 2015-03-01 30.502039074054300 2015-04-01 29.703645804531900 2015-05-01 29.937398869209300 2015-06-01 29.830419527032700 2015-07-01 29.833842260716300 2015-08-01 30.171116072688900 2015-09-01 30.045313862205500 2015-10-01 29.990538471192302 2015-11-01 29.770918287956400 2015-12-01 29.250177879401900 2016-01-01 29.511169024313800 2016-02-01 29.583867214367900 2016-03-01 29.376340741887997 2016-04-01 29.976076681235600 2016-05-01 30.371448662510300 2016-06-01 30.572599442993603 2016-07-01 30.469168867204500 2016-08-01 30.581881681426000 2016-09-01 31.152401382839800 2016-10-01 31.310189165563700 2016-11-01 31.433571241474500 2016-12-01 31.403099132373000 2017-01-01 31.493500944742102 2017-02-01 31.307113719190898 2017-03-01 31.366375508835603 2017-04-01 31.677579649988900 2017-05-01 31.558989769688502 2017-06-01 31.636138584128698 2017-07-01 32.035567033764700 2017-08-01 31.759184516129200 2017-09-01 31.903908455384602 2017-10-01 31.944709244088997 2017-11-01 31.643614385055900 2017-12-01 32.436922676973500 2018-01-01 32.353103419034900 2018-02-01 32.592877920457800 2018-03-01 32.795663861924600 2018-04-01 32.790001251730295 2018-05-01 32.412498628689605 2018-06-01 32.342170169076300 2018-07-01 32.311452805837800 2018-08-01 32.269702397915104 2018-09-01 32.366383351712100 2018-10-01 32.661973963094695 2018-11-01 32.455021393387400 2018-12-01 32.464337639249100 2019-01-01 32.039566659101300 2019-02-01 32.797206074049100 2019-03-01 32.946352932916000 2019-04-01 32.751357480697700 2019-05-01 32.653284036670605 2019-06-01 32.727972598769500 2019-07-01 32.538531638628700 2019-08-01 32.741664571668900 2019-09-01 32.533242468034200 2019-10-01 32.136451773829606 2019-11-01 32.090972659652200 2019-12-01 32.226272368958100 2020-01-01 32.049576377398200 2020-02-01 31.911522869106804 2020-03-01 31.883578479804395 2020-04-01 33.323151815742100 2020-05-01 32.334562998263900 2020-06-01 32.236185421412700 2020-07-01 32.054622294674104 2020-08-01 32.006067935300900 2020-09-01 31.750131340641500 2020-10-01 31.795813887557802 2020-11-01 31.841879251158500 2020-12-01 31.708090728530700 2021-01-01 31.837082329093800 2021-02-01 31.878645869302503 2021-03-01 31.856233778283602 2021-04-01 31.441790323090800 2021-05-01 32.121135733054900 2021-06-01 32.213788405899800 2021-07-01 33.168577617378205 2021-08-01 33.475247745793500 2021-09-01 32.834172617806000 2021-10-01 32.781806388391000 2021-11-01 32.761208892568305 2021-12-01 32.313558016199195 2022-01-01 32.821218341464500 2022-02-01 32.292867954315900 2022-03-01 32.770841305017400