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Total Quarterly Wages in Nashville-Davidson--Murfreesboro--Franklin, TN (MSA) (ENUC349830010SA)

Observation:

Q3 2023: 19,452,493,501.14010 (+ more)   Updated: Mar 6, 2024
Q3 2023:  19,452,493,501.14010  
Q2 2023:  19,407,635,229.29890  
Q1 2023:  19,530,397,965.66540  
Q4 2022:  18,225,863,757.54940  
Q3 2022:  19,206,178,302.18870  
View All

Units:

Dollars,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

Source: U.S. Bureau of Labor Statistics  

Source: Federal Reserve Bank of St. Louis  

Release: Quarterly Census of Employment and Wages  

Units:  Dollars, Seasonally Adjusted

Frequency:  Quarterly

Notes:

Total wages are the wages paid by Unemployment Insurance covered employers during the calendar quarter, regardless of when the services were performed. Included in wages are pay for vacation and other paid leave, bonuses, stock options, tips, the cash val

The Federal Reserve Bank of St. Louis seasonally adjusts 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. More information on X-13ARIMA-SEATS can be found here.

Many series include both seasonally adjusted (SA) and not seasonally adjusted (NSA) data. In some cases, the NSA data will be updated but the SA data will not be updated. The reason is usually that the data series has not accumulated enough new seasonal factors to trigger an adjustment.The NSA series can be located here The FRED team is currently working on a new procedure to replace SA data that has not yet be updated with NSA data that has been updated.

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.

Suggested Citation:

U.S. Bureau of Labor Statistics and Federal Reserve Bank of St. Louis, Total Quarterly Wages in Nashville-Davidson--Murfreesboro--Franklin, TN (MSA) [ENUC349830010SA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/ENUC349830010SA, March 19, 2024.

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