Monetary Aggregates and Their Components: Broad Money and Components: M3 for Colombia
Index 2015=100, Quarterly
COLMABMM301IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
201.68
Year-over-Year Change
30.83%
Date Range
4/1/1982 - 7/1/2023
Summary
The Index 2015=100, Quarterly tracks changes in the average level of compensation per hour worked in the U.S. manufacturing sector on a quarterly basis. This metric is closely watched by economists and policymakers to assess labor market conditions and potential 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
The Index 2015=100, Quarterly measures the average hourly labor costs in the U.S. manufacturing industry, using 2015 as the base year. This index is a key indicator of productivity and wage growth, providing insights into the overall health of the labor market.
Methodology
The data is collected through surveys of U.S. manufacturing establishments by the Bureau of Labor Statistics.
Historical Context
The Index 2015=100, Quarterly is a vital input for the Federal Reserve and other policymakers in evaluating economic conditions and formulating appropriate monetary and fiscal policies.
Key Facts
- The index is based on 2015 as the base year, with a value of 100.
- The index tracks changes in average hourly labor costs in the U.S. manufacturing sector.
- The index is released on a quarterly basis by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the average level of compensation per hour worked in the U.S. manufacturing sector, using 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of labor productivity and wage growth, providing insights into the overall health of the U.S. manufacturing labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. manufacturing establishments by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Quarterly is a vital input for the Federal Reserve and other policymakers in evaluating economic conditions and formulating appropriate monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The index is released on a quarterly basis by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (COLMABMM301IXOBSAQ), retrieved from FRED.