Makrognosis

Average Hourly Earnings: Financial Activities — MI (statewide) (NSA)

MonthlyNot seasonally adjustedCode US-MI.AHE.M.NSA.IND-55000000

Latest (y/y)−0.3%September 2026
Previous (y/y)4.0%August 2026
Level42.60 USD/hourSeptember 2026

Average Hourly Earnings: Financial Activities — MI (statewide) (NSA) was down 0.3% year on year in September 2026, compared with 4.0% in August 2026.

The level stood at 42.60 USD/hour.

That is the lowest reading since March 2023.

Over the past ten years it has ranged from −6.0% (Jan 2023) to 14.3% (Mar 2024), averaging 4.7%.

Average Hourly Earnings: Financial Activities — MI (statewide) (NSA), annual % change, Jan 2008 – Sep 2026−10%−5%0%5%10%15%2010201520202025Robomacro
Average Hourly Earnings: Financial Activities — MI (statewide) (NSA), annual % change, Jan 2008 – Sep 2026. Source: U.S. Bureau of Labor Statistics (flat files).
Average Hourly Earnings: Financial Activities — MI (statewide) (NSA), level (USD/hour)2025303540452010201520202025Robomacro
Average Hourly Earnings: Financial Activities — MI (statewide) (NSA), level (USD/hour).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 202642.60 USD/hour−0.3
August 202643.81 USD/hour4.0
July 202642.90 USD/hour5.5
June 202642.69 USD/hour3.7
May 202643.70 USD/hour7.1
April 202644.13 USD/hour8.6
March 202644.46 USD/hour10.2
February 202645.17 USD/hour11.6
January 202644.00 USD/hour9.2
December 202542.96 USD/hour7.5
November 202543.98 USD/hour10.4
October 202542.55 USD/hour9.2
September 202542.73 USD/hour9.6
August 202542.14 USD/hour7.6
July 202540.67 USD/hour5.3
June 202541.15 USD/hour6.2
May 202540.82 USD/hour7.4
April 202540.63 USD/hour2.2
March 202540.35 USD/hour5.1
February 202540.49 USD/hour7.8
January 202540.28 USD/hour6.9
December 202439.96 USD/hour7.2
November 202439.83 USD/hour4.7
October 202438.95 USD/hour6.7

Last 24 observations. The full history (237 observations) is available through the API.

Get Average Hourly Earnings: Financial Activities — MI (statewide) (NSA) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US-MI.AHE.M.NSA.IND-55000000"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US-MI.AHE.M.NSA.IND-55000000",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 2007
Observations237
FrequencyMonthly
UnitsUSD/hour
AdjustmentNot seasonally adjusted
10-year high14.3% (Mar 2024)
10-year low−6.0% (Jan 2023)
10-year average4.7%
Source agencyU.S. Bureau of Labor Statistics (flat files)
Makrognosis codeUS-MI.AHE.M.NSA.IND-55000000

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

More United States AHE series

Average Hourly Earnings: Construction — MI (statewide) (NSA)Average Hourly Earnings: Goods Producing — MI (statewide) (NSA)Average Hourly Earnings: Information — MI (statewide) (NSA)Average Hourly Earnings: Leisure and Hospitality — MI (statewide) (NSA)Average Hourly Earnings: Manufacturing — MI (statewide) (NSA)Average Hourly Earnings: Other Services — MI (statewide) (NSA)Average Hourly Earnings: Private Education and Health Services — MI (statewide) (NSA)Average Hourly Earnings: Private Service Providing — MI (statewide) (NSA)Average Hourly Earnings: Professional and Business Services — MI (statewide) (NSA)Average Hourly Earnings: Total Private — MI (statewide) (NSA)Average Hourly Earnings: Trade, Transportation, and Utilities — MI (statewide) (NSA)

Other United States indicators

Real GDP — Michigan (chained 2017 USD mn (SAAR))Michigan Unemployment RateMichigan Unemployment RateMichigan Employment (household survey)Michigan Employment (household survey)All Employees: Total Nonfarm — MI (statewide) (NSA)All Employees: Total Nonfarm — MI (statewide) (SA)House Price Index — Michigan (all-transactions, NSA)Michigan Labor ForceMichigan Labor ForceMichigan Unemployment LevelMichigan Unemployment LevelPer-Capita Personal Income — MichiganPer-Capita Personal Income — Michigan (quarterly, SAAR)Personal Income — MichiganPersonal Income — Michigan (quarterly, SAAR)

National figure

United States Average Hourly Earnings

FAQ

Where does this data come from?
It is collected directly from U.S. Bureau of Labor Statistics (flat files) and is available through the Makrognosis API under the code US-MI.AHE.M.NSA.IND-55000000.

Last updated 2026-10-25. Source: U.S. Bureau of Labor Statistics (flat files). Original title: “Average Hourly Earnings: Financial Activities — MI (statewide) (NSA)”.