Not Seasonally Adjusted
CBUSAPPNSAUT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,118.00
Year-over-Year Change
-3.62%
Date Range
7/1/2004 - 10/1/2020
Summary
The 'Not Seasonally Adjusted' series measures the hourly compensation paid to production and nonsupervisory employees in private businesses. It is a key indicator of labor costs and a critical input for economic analysis and policy decisions.
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 measure of hourly compensation tracks changes in labor costs without adjusting for seasonal variations. It is used by economists and policymakers to understand underlying trends in worker pay and the state of the labor market.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in hourly compensation influence inflation, monetary policy, and workforce dynamics.
Key Facts
- The series dates back to 1964.
- Compensation covers wages, salaries, and benefits.
- Data is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series tracks changes in the hourly compensation paid to production and nonsupervisory employees in the private sector.
Q: Why is this trend relevant for users or analysts?
A: Trends in hourly compensation are a key indicator of labor costs and overall economic conditions. This data informs policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Hourly compensation data is closely monitored by the Federal Reserve and other policymakers to assess labor market conditions and inflationary pressures.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (CBUSAPPNSAUT), retrieved from FRED.