Economic Perspective

RecruitersOver the course of the last year, many members have called and written to ask what happened to our Economic Perspective column after we transitioned from paper to an all-electronic magazine format.

By popular demand, MSEC will once again begin publishing Economic Perspective in the Bulletin.

As a member-based organization, MSEC exists to serve its members. Please let us know what other features you would like to see in these pages.

 

Figures reported are from the Current Population Survey (Federal Method)

Unemployment Rate

Weekly Hours (MFG.)

Hourly Earnings (MFG.)

Phoenix-Mesa-Scottsdale, AZ

Latest Date (9/15) N

Latest Figure/Year Ago

5.5/6.0

41.4/42.0

18.23/18.09

Arizona

Latest Date (9/15) N

Latest Figure/Year Ago

6.4/6.9

39.8/40.6

18.08/18.55

Denver-Aurora-Lakewood, CO

Latest Date (9/15) N

Latest Figure/Year Ago

3.2/4.0

41.0/40.5

31.98/28.33

Colorado

Latest Date (9/15) N

Latest Figure/Year Ago

3.3/4.1

41.0/39.6

26.96/25.46

Salt Lake City, UT

Latest Date (9/15) N

Latest Figure/Year Ago

3.1/3.4

38.3/39.2

18.95/18.97

Utah

Latest Date (9/15) N

Latest Figure/Year Ago

3.3/3.4

38.0/39.5

19.52/18.68

Cheyenne, WY≠

Latest Date (9/15) N

Latest Figure/Year Ago

3.3/4.1

Wyoming

Latest Date (9/15) N

Latest Figure/Year Ago

3.5/3.8

37.2/38.5

22.26/21.71

United States

Latest Date (10/15) A

Latest Figure/Year Ago

5.0/5.7

41.8(P)/42.1

20.06(P)/19.65

Economic Perspective(1)

 

CPI – Consumer Price Index*

 

CPI-W≠≠

CPI-U

Phoenix-Mesa, AZ

Latest Date (Jan-Jun 2015) N : Latest Figure/Year Ago

125.6/126.6

127.3/127.5

% Change

-0.8%

-0.2%

Denver-Boulder-Greeley, CO

Latest Date (Jan-Jun 2015) N : Latest Figure/Year Ago

228.1/226.3

238.1/235.7

% Change

+0.8%

+1.0%

United States

Latest Date (10/15) A : Latest Figure/Year Ago

232.7/233.7

238.0/237.8

% Change

-0.4%

+0.1%

 

ECI – Employment Cost Index

 

Wages & Salaries

Total Compensation

12 Months Ended 9/15 N

12 Months Ended 9/15 N

Private Industry Workers

2.1%

1.9%

  Manufacturing

2.4%

2.3%

  Service-providing Industries**

2.1%

1.8%

Mountain Region***

2.7%

2.7%

State/Local Government Workers

1.8%

2.3%

≠ Weekly Manufacturing Hours and Hourly Manufacturing Earnings Data not available for Cheyenne, Wyoming.

* CPI data for Utah and Wyoming is not available.

≠≠ CPI-W Revised CPI for Urban Wage Earners & Clerical Workers

** Includes the following industries: wholesale trade, retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate; rental and leasing; professional; scientific and technical services; management of companies and enterprises; administrative support; waste management and remediation services;, education services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services except public administration.

***Includes the states of Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming.

 
 

DEFINITIONS/SOURCES

(1)         Bureau of Labor Statistics, U.S. Dept. of Labor
A     =    Seasonally Adjusted
C     =    Corrected
D    =    Reflects Revised population controls and model reestimation
E     =    Reflects inputs, reestimations, and new statewide controls
N    =    Not Seasonally Adjusted
P     =    Preliminary Data
R     =    Revised