Index 2010=1, Quarterly, Seasonally Adjusted
LCEAMN01O1Q661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.18
Year-over-Year Change
7.79%
Date Range
1/1/1989 - 4/1/2017
Summary
The Index 2010=1, Quarterly, Seasonally Adjusted metric tracks changes in labor compensation per unit of real output for the nonfarm business sector in the United States. This key productivity indicator provides insights into the relationship between worker compensation and economic output.
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 index measures the ratio of labor compensation to real output for the nonfarm business sector, adjusted for seasonal variations. It is a widely used indicator of labor productivity that informs economic policy decisions and business forecasting.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses and government agencies.
Historical Context
Policymakers and analysts monitor this index to assess the health of the U.S. economy and guide decisions on fiscal, monetary, and employment policies.
Key Facts
- The index uses 2010 as the base year with a value of 1.
- It is reported on a quarterly basis with seasonal adjustments.
- The metric covers the nonfarm business sector of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in labor compensation per unit of real output for the nonfarm business sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This key productivity indicator provides insights into the relationship between worker compensation and economic output, informing economic policy decisions and business forecasting.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to assess the health of the U.S. economy and guide decisions on fiscal, monetary, and employment policies.
Q: Are there update delays or limitations?
A: The index is reported on a quarterly basis with seasonal adjustments, so there may be update delays of a few months.
Related Trends
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Citation
U.S. Federal Reserve, Index 2010=1, Quarterly, Seasonally Adjusted (LCEAMN01O1Q661S), retrieved from FRED.