Labor Compensation: Earnings: Manufacturing: Monthly for Czech Republic
Index 2015=100, Annual, Seasonally Adjusted
LCEAMN03CZA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.86
Year-over-Year Change
69.47%
Date Range
1/1/1993 - 1/1/2022
Summary
The Index 2015=100, Annual, Seasonally Adjusted measure tracks changes in manufacturing labor costs in the United States. This key economic indicator provides insights into the overall state of the U.S. manufacturing sector.
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 annual change in labor costs for manufacturing workers in the United States, adjusting for seasonal variations. It is a valuable metric for economists and policymakers to assess productivity, competitiveness, and inflationary pressures in the manufacturing industry.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing employers.
Historical Context
The index is widely used by economists, analysts, and policymakers to monitor the health of the U.S. manufacturing sector and inform economic decision-making.
Key Facts
- The index has a base year of 2015 = 100.
- It measures changes in annual labor costs for manufacturing workers.
- The data is seasonally adjusted to account for cyclical patterns.
FAQs
Q: What does this economic trend measure?
A: This index measures the annual change in labor costs for manufacturing workers in the United States, adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The index is a valuable metric for economists and policymakers to assess productivity, competitiveness, and inflationary pressures in the manufacturing industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing employers.
Q: How is this trend used in economic policy?
A: The index is widely used by economists, analysts, and policymakers to monitor the health of the U.S. manufacturing sector and inform economic decision-making.
Q: Are there update delays or limitations?
A: The index is updated annually by the Federal Reserve, with a short delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Seasonally Adjusted (LCEAMN03CZA661S), retrieved from FRED.