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How Has Real Wage Growth in the Rocky Mountain Region Outpaced Other States?

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Real wage growth in the United States has returned to positive territory on average, driven by growing economic activity, healthy labor markets, and subsiding inflationary pressures. Wage growth is above the current inflation rate, easing but not yet offsetting challenges from recent inflation shocks. Real wage growth is relatively higher in Rocky Mountain States due to the types of jobs being added.

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  • Juan David Munoz Henao & David Rodziewicz, 2024. "How Has Real Wage Growth in the Rocky Mountain Region Outpaced Other States?," Rocky Mountain Economist, Federal Reserve Bank of Kansas City, November.
    • Handle: RePEc:fip:fedkrm:99278
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