Index 2010=1, Trend, Annual, Not Seasonally Adjusted
ULQBBU05IEA662N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
30.32%
Date Range
1/1/1986 - 1/1/2010
Summary
The 'Index 2010=1, Trend, Annual, Not Seasonally Adjusted' metric tracks annual changes in a broad measure of unit labor costs. This economic indicator provides insights into productivity and inflationary pressures.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This annual, not seasonally adjusted index measures changes in unit labor costs, which reflect the average cost of labor required to produce one unit of output. It is a key economic indicator used to assess productivity, competitiveness, and inflationary trends.
Methodology
The data is calculated based on measures of employee compensation and productivity.
Historical Context
Policymakers and analysts monitor this index to understand the relationship between wages, productivity, and inflation.
Key Facts
- The index has a base year of 2010 = 1.
- The data is released on an annual basis.
- It is not seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: This annual index measures changes in unit labor costs, which reflect the average cost of labor required to produce one unit of output.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into productivity, competitiveness, and inflationary pressures within the economy.
Q: How is this data collected or calculated?
A: The data is calculated based on measures of employee compensation and productivity.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to understand the relationship between wages, productivity, and inflation.
Q: Are there update delays or limitations?
A: The data is released on an annual basis and is not seasonally adjusted.
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Citation
U.S. Federal Reserve, Index 2010=1, Trend, Annual, Not Seasonally Adjusted (ULQBBU05IEA662N), retrieved from FRED.