What will be the 3-month moving average of median wage growth for "Paid hourly" workers in April 2023?
Closed May 05, 2023 11:59PM UTC
The Federal Reserve is targeting wage inflation as part of its overall attempt to bring price stability (CNBC, US News & World Report). The question will be suspended on 30 April 2023 and the outcome determined using data as reported by the Atlanta Fed's "Wage Growth Tracker" (Atlanta Fed, with "Interactive Chart" selected, click "Unweighted series, hourly" under "3-month moving average," then click "Paid hourly" in the chart legend). In April 2022, the 3-month moving average for "Paid hourly" was 6.5%.
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The question closed "6.0% or more" with a closing date of 6 May 2023.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than 5.0% | 0% | |
| Between 5.0% and 5.4%, inclusive | 2% | |
| More than 5.4% but less than 6.0% | 17% | |
| 6.0% or more | 81% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 55 |
| Average for questions in their first 3 months: 162 | |
| Number of Forecasts | 120 |
| Average for questions in their first 3 months: 361 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
