Federal Reserve Economic Data

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

Title Average Hourly Earnings of Production Employees: Financial Activities in Michigan (DISCONTINUED)
Series ID SMU26000005500000008SA
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 2003-01-01 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
2003-01-01 14.899252306386100
2003-02-01 15.548882108739901
2003-03-01 15.497063188680599
2003-04-01 15.650427316252400
2003-05-01 15.629299490247700
2003-06-01 15.706465469181001
2003-07-01 15.659276901015401
2003-08-01 15.975192162521800
2003-09-01 15.993125977302402
2003-10-01 15.846754482645302
2003-11-01 15.942160580821099
2003-12-01 15.784838575181300
2004-01-01 15.699861939040700
2004-02-01 15.402853823737900
2004-03-01 15.094079511117199
2004-04-01 15.274533280901698
2004-05-01 15.484008709208300
2004-06-01 15.754976611124198
2004-07-01 15.921645918645599
2004-08-01 16.262976829038200
2004-09-01 16.041820919851197
2004-10-01 15.920280786059400
2004-11-01 16.591725516997400
2004-12-01 16.491603801716000
2005-01-01 16.545982856337700
2005-02-01 16.982064904205803
2005-03-01 17.326663831909400
2005-04-01 17.380492452093900
2005-05-01 17.581523991462600
2005-06-01 17.499963303151900
2005-07-01 17.459515946090800
2005-08-01 17.617472771391700
2005-09-01 17.498962675042200
2005-10-01 17.686475609749500
2005-11-01 17.554733507772000
2005-12-01 17.761159028702300
2006-01-01 17.850944302093400
2006-02-01 17.749935896181600
2006-03-01 17.597993536564697
2006-04-01 17.684389620277898
2006-05-01 17.439594688536502
2006-06-01 17.548076498839400
2006-07-01 17.708369855118400
2006-08-01 17.504163630081700
2006-09-01 17.702944857994698
2006-10-01 17.832867795571500
2006-11-01 18.089670930556300
2006-12-01 18.546680355391300
2007-01-01 18.309626636008800
2007-02-01 18.268509959980700
2007-03-01 18.239436210167000
2007-04-01 18.503908375643200
2007-05-01 18.680771779789500
2007-06-01 18.176346554846898
2007-07-01 18.547137348961100
2007-08-01 18.755089074957400
2007-09-01 18.998934000413100
2007-10-01 18.972113168873600
2007-11-01 18.971922430159400
2007-12-01 19.080777872572398
2008-01-01 19.205172269593200
2008-02-01 19.191134170193600
2008-03-01 19.400274083727897
2008-04-01 19.295514640329900
2008-05-01 19.463422532406200
2008-06-01 19.572267320125600
2008-07-01 19.821684318147300
2008-08-01 19.727209689495602
2008-09-01 19.865588277249397
2008-10-01 19.810644049540200
2008-11-01 19.958890422272300
2008-12-01 19.931510205384700
2009-01-01 20.130778703071800
2009-02-01 20.638640955585398
2009-03-01 20.637859151434697
2009-04-01 20.761883723225697
2009-05-01 21.442744623374300
2009-06-01 21.144121794910603
2009-07-01 20.968293209854900
2009-08-01 21.108548746818800
2009-09-01 21.029272367644400
2009-10-01 21.344880871860500
2009-11-01 21.149086189797000
2009-12-01 21.295251310740700
2010-01-01 20.590869527148200
2010-02-01 20.902813037926800
2010-03-01 21.220449502276600
2010-04-01 21.387754984398500
2010-05-01 21.131707191064898
2010-06-01 20.812396952594103
2010-07-01 20.847941620805898
2010-08-01 20.794561026670200
2010-09-01 20.593249513153800
2010-10-01 20.371234942223698
2010-11-01 20.394792003975102
2010-12-01 20.183632340407300
2011-01-01 20.178017970022600
2011-02-01 20.349728732452103
2011-03-01 19.939082540730000
2011-04-01 19.984107479426800
2011-05-01 19.526487848614302
2011-06-01 19.256465930643700
2011-07-01 19.599827424029200
2011-08-01 19.455749348939396
2011-09-01 19.325772666920500
2011-10-01 19.498240601340200
2011-11-01 19.320943038180700
2011-12-01 19.276114076208200
2012-01-01 19.250741036372400
2012-02-01 19.167794096399700
2012-03-01 19.093248911083396
2012-04-01 18.998682990012300
2012-05-01 19.072079638793900
2012-06-01 19.000660843087500
2012-07-01 18.999738225954896
2012-08-01 18.955719795132197
2012-09-01 18.991383041420000
2012-10-01 18.837041078403600
2012-11-01 18.809223029527303
2012-12-01 18.845240965447100
2013-01-01 18.858370855747400
2013-02-01 18.634861500647500
2013-03-01 18.636798437953900
2013-04-01 18.719877497055200
2013-05-01 18.808165545086800
2013-06-01 18.952858834894702
2013-07-01 18.916375299017900
2013-08-01 18.707395960726500
2013-09-01 19.234068729446600
2013-10-01 19.296567904347200
2013-11-01 19.522818790027500
2013-12-01 19.591898610170200
2014-01-01 19.709912209189500
2014-02-01 19.937554348829500
2014-03-01 19.867790924126900
2014-04-01 19.775815873528398
2014-05-01 20.185219327404300
2014-06-01 20.710013315043800
2014-07-01 20.725451226706102
2014-08-01 20.963042582546898
2014-09-01 21.265302368144600
2014-10-01 21.213953785052603
2014-11-01 21.688147882544197
2014-12-01 21.798985835622503
2015-01-01 22.169436287663900
2015-02-01 22.456700955513700
2015-03-01 22.745979131757398
2015-04-01 22.788656035386100
2015-05-01 23.002696585568000
2015-06-01 22.937022322302700
2015-07-01 22.876622826937400
2015-08-01 22.958015766157800
2015-09-01 22.857547763470200
2015-10-01 23.049821444381700
2015-11-01 23.179354048947800
2015-12-01 22.827229590146200
2016-01-01 22.783470492694303
2016-02-01 22.712586263237500
2016-03-01 23.049965380627900
2016-04-01 23.247531917720700
2016-05-01 23.127433422735600
2016-06-01 23.061389143106000
2016-07-01 23.017339324051300
2016-08-01 23.102043053886298
2016-09-01 23.162246966725500
2016-10-01 23.164710750646897
2016-11-01 23.213732404414397
2016-12-01 23.274978760410800
2017-01-01 23.111424130533900
2017-02-01 22.900824535585500
2017-03-01 22.567170816920900
2017-04-01 22.937727111219697
2017-05-01 22.730636069290300
2017-06-01 22.667609305570696
2017-07-01 22.888224380471897
2017-08-01 22.835623484621703
2017-09-01 23.150474170416604
2017-10-01 23.014914009140200
2017-11-01 23.036797010311602
2017-12-01 23.326839387941300
2018-01-01 23.004327704014300
2018-02-01 23.560244910307397
2018-03-01 23.485264047328400
2018-04-01 23.527189249918800
2018-05-01 23.590002848883400
2018-06-01 23.791911599204700
2018-07-01 24.076057056864702
2018-08-01 24.046702765020800
2018-09-01 24.137460140621600
2018-10-01 24.200163581688600
2018-11-01 24.110477897916304
2018-12-01 24.804938942992500
2019-01-01 24.810637222187100
2019-02-01 25.650789322574200
2019-03-01 25.372695643295003
2019-04-01 25.401664828507600
2019-05-01 25.728068444403100
2019-06-01 26.095204761505297
2019-07-01 26.002160191840503
2019-08-01 26.192420401396800
2019-09-01 26.298919059343300
2019-10-01 26.967027742821898
2019-11-01 26.743889565194900
2019-12-01 26.800050305726800
2020-01-01 26.934683075035895
2020-02-01 27.019993649291500
2020-03-01 27.147319928552500
2020-04-01 26.972439926240100
2020-05-01 27.189576153940500
2020-06-01 27.053277506908803
2020-07-01 27.356591898462400
2020-08-01 27.007722933651700
2020-09-01 26.563540480261600
2020-10-01 25.766089073673800
2020-11-01 26.206115296677698
2020-12-01 25.779561904986400
2021-01-01 25.923962418113497
2021-02-01 25.656425153196600
2021-03-01 25.558598789861400
2021-04-01 25.865898392191500
2021-05-01 26.096219827659002
2021-06-01 25.887997617226500
2021-07-01 25.831070736874800
2021-08-01 25.960559428848800
2021-09-01 26.130902150383800
2021-10-01 26.410052730958600
2021-11-01 26.716248859014300
2021-12-01 26.898807398671200
2022-01-01 27.495304809114998
2022-02-01 27.353006033052896
2022-03-01 27.628826158294700

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