As part of the nation's central bank, the Atlanta Fed plays an important role in monetary policy, bank supervision and regulation, and the operation of a nationwide payments system.| www.atlantafed.org
The CPS is a monthly survey sponsored by the Bureau of Labor Statistics and conducted by the U.S. Census Bureau.| Census.gov
Measure of the wage growth of individuals. It is constructed using microdata from the Current Population Survey (CPS), and is the median percent change in the hourly wage of individuals observed 12 months apart.| www.atlantafed.org