Historical Year Data · 2023
Avg Hourly Earnings (Production) in 2023
Avg Hourly Earnings (Production) opened 2023 at $28.31 and closed at $29.47, a +4.10% move for the year. The high of $29.47 was reached on December 1, and the low of $28.31 on January 1.
Open
$28.31
2023-01
Close
$29.47
12 data points
High
$29.47
Dec 1
Low
$28.31
Jan 1
Full Year Change
+4.10%
2022 Change
+4.87%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $28.31 | $28.31 | $28.31 | $28.31 | +0.00% |
| Feb | $28.42 | $28.42 | $28.42 | $28.42 | +0.00% |
| Mar | $28.56 | $28.56 | $28.56 | $28.56 | +0.00% |
| Apr | $28.7 | $28.7 | $28.7 | $28.7 | +0.00% |
| May | $28.78 | $28.78 | $28.78 | $28.78 | +0.00% |
| Jun | $28.89 | $28.89 | $28.89 | $28.89 | +0.00% |
| Jul | $29.01 | $29.01 | $29.01 | $29.01 | +0.00% |
| Aug | $29.06 | $29.06 | $29.06 | $29.06 | +0.00% |
| Sep | $29.18 | $29.18 | $29.18 | $29.18 | +0.00% |
| Oct | $29.26 | $29.26 | $29.26 | $29.26 | +0.00% |
| Nov | $29.37 | $29.37 | $29.37 | $29.37 | +0.00% |
| Dec | $29.47 | $29.47 | $29.47 | $29.47 | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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