Federal Reserve Economic Data

Table Data - Average Hourly Earnings of All Employees: Financial Activities in Michigan (DISCONTINUED)

Title Average Hourly Earnings of All Employees: Financial Activities in Michigan (DISCONTINUED)
Series ID SMU26000005500000003SA
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 4:47 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. 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 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. More information on X-13ARIMA-SEATS can be found here.

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.

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 21.912713243714900
2007-02-01 22.256571275461700
2007-03-01 22.382192058040600
2007-04-01 22.405004165069197
2007-05-01 22.359541520137896
2007-06-01 22.495183030934600
2007-07-01 22.415943534340400
2007-08-01 22.746126832206397
2007-09-01 23.623650605525400
2007-10-01 23.255037888583697
2007-11-01 23.299308537325200
2007-12-01 24.234081093035396
2008-01-01 23.529848328073303
2008-02-01 23.427261542007102
2008-03-01 23.676338819754000
2008-04-01 23.620354490247300
2008-05-01 23.441892575257500
2008-06-01 24.392151022008100
2008-07-01 23.678732513842100
2008-08-01 23.403315229242100
2008-09-01 23.288623202931400
2008-10-01 23.146408242146396
2008-11-01 23.697969686934098
2008-12-01 22.900707231773300
2009-01-01 23.133161203205000
2009-02-01 22.871737861499400
2009-03-01 22.973729593124000
2009-04-01 22.775581805271695
2009-05-01 24.057088154897300
2009-06-01 23.524212782992800
2009-07-01 23.614997286956395
2009-08-01 24.308601485748000
2009-09-01 24.186643279350100
2009-10-01 24.171024086726300
2009-11-01 24.408596566026397
2009-12-01 24.265270468309804
2010-01-01 24.338763190923700
2010-02-01 24.727164593088002
2010-03-01 24.623021934141303
2010-04-01 24.753408176083898
2010-05-01 24.865511569081203
2010-06-01 24.702433829239800
2010-07-01 24.770315230507602
2010-08-01 24.818326355294800
2010-09-01 24.658487023308396
2010-10-01 24.650302164898800
2010-11-01 24.649392943258800
2010-12-01 24.987936559699303
2011-01-01 24.709901748617703
2011-02-01 24.573425984070802
2011-03-01 23.956927968241896
2011-04-01 24.392524449341200
2011-05-01 24.144101235096300
2011-06-01 23.838661269253200
2011-07-01 24.172083374694100
2011-08-01 23.927839213454398
2011-09-01 23.906988393194300
2011-10-01 24.165292238307800
2011-11-01 24.075380794239200
2011-12-01 23.854806266228700
2012-01-01 24.237981353939600
2012-02-01 23.932096423412197
2012-03-01 23.595585244480702
2012-04-01 23.476989580282000
2012-05-01 23.553131591121100
2012-06-01 23.497924978330600
2012-07-01 23.532200411546196
2012-08-01 22.938832102952700
2012-09-01 22.880446885022696
2012-10-01 22.667127200462602
2012-11-01 22.534622998698100
2012-12-01 22.658543040335196
2013-01-01 22.722427862939700
2013-02-01 22.442306467597700
2013-03-01 22.804202325345102
2013-04-01 22.718399640988498
2013-05-01 22.701649773323500
2013-06-01 23.021829377437200
2013-07-01 22.611519777167803
2013-08-01 22.998185614892100
2013-09-01 23.032865787274197
2013-10-01 23.388621708930398
2013-11-01 23.366844781784100
2013-12-01 23.547847523319103
2014-01-01 23.560593213950895
2014-02-01 24.020856846958200
2014-03-01 24.604779337327700
2014-04-01 23.935783177611200
2014-05-01 24.661089254434700
2014-06-01 25.617302002157196
2014-07-01 25.469424679457198
2014-08-01 25.533102553324397
2014-09-01 26.067808014850602
2014-10-01 25.693989754127802
2014-11-01 26.363253540955000
2014-12-01 26.398306452394700
2015-01-01 26.685484278743502
2015-02-01 27.136592422404700
2015-03-01 27.514214372877900
2015-04-01 27.363572156297497
2015-05-01 27.345499004421000
2015-06-01 27.337381782257600
2015-07-01 27.345210644014696
2015-08-01 27.823191199756998
2015-09-01 27.559029596638100
2015-10-01 27.586339488751600
2015-11-01 28.440621441350800
2015-12-01 27.595890565758600
2016-01-01 27.365097241193300
2016-02-01 27.455419209209800
2016-03-01 27.382319598833000
2016-04-01 27.455617693309897
2016-05-01 27.890579383099197
2016-06-01 27.632631189208700
2016-07-01 27.498394404074800
2016-08-01 27.880999861586698
2016-09-01 28.227196552873900
2016-10-01 28.476382516629400
2016-11-01 28.670277252690898
2016-12-01 28.730066516242900
2017-01-01 29.210084771365498
2017-02-01 28.994619885496100
2017-03-01 28.921265835817000
2017-04-01 29.862974125126400
2017-05-01 29.271519388869200
2017-06-01 28.977764783583602
2017-07-01 29.563465226887498
2017-08-01 29.075060280294900
2017-09-01 29.664117959419100
2017-10-01 30.083829258883100
2017-11-01 29.943286391867698
2017-12-01 30.403865880057000
2018-01-01 30.366735993276300
2018-02-01 30.884301587067103
2018-03-01 30.842852231792400
2018-04-01 31.445928795997800
2018-05-01 31.100797264237400
2018-06-01 31.396495611977500
2018-07-01 31.897151378545300
2018-08-01 31.647391818505398
2018-09-01 31.775855085727200
2018-10-01 31.644286100972900
2018-11-01 31.448062084223398
2018-12-01 32.047587776706600
2019-01-01 31.694389951492802
2019-02-01 31.625355850172700
2019-03-01 31.973928880609897
2019-04-01 31.886379572741102
2019-05-01 32.328779270662700
2019-06-01 33.557584238493400
2019-07-01 32.379808969026700
2019-08-01 32.668229311646300
2019-09-01 32.752956198222700
2019-10-01 32.819417803244600
2019-11-01 33.316462150953400
2019-12-01 33.028594227008300
2020-01-01 33.378616658854000
2020-02-01 33.450571406885200
2020-03-01 33.679232571235000
2020-04-01 33.438940917891300
2020-05-01 32.949336875740200
2020-06-01 33.587201397782100
2020-07-01 33.885843798952900
2020-08-01 33.972683106199604
2020-09-01 33.869379306610696
2020-10-01 33.669395766290500
2020-11-01 34.135899847547400
2020-12-01 32.774755083222900
2021-01-01 33.722937538952900
2021-02-01 33.705907467081800
2021-03-01 33.750434011849800
2021-04-01 33.845890131651700
2021-05-01 35.013116125087100
2021-06-01 34.632378037981700
2021-07-01 34.086177998623600
2021-08-01 34.290881940100400
2021-09-01 33.805823373563500
2021-10-01 34.549940991106894
2021-11-01 34.989613959991395
2021-12-01 35.402291778501210
2022-01-01 35.987605594708290
2022-02-01 35.545695538085600
2022-03-01 35.471490015324400

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