Index 2010=1, Annual, Not Seasonally Adjusted
ULQBBU01EEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
78.20%
Date Range
1/1/1995 - 1/1/2010
Summary
The 'Index 2010=1, Annual, Not Seasonally Adjusted' series measures the annual unit labor costs for the United States, providing insights into productivity and inflationary pressures in the economy.
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 economic indicator tracks the growth in labor costs per unit of output, reflecting changes in both employee compensation and labor productivity. It is a key metric used by policymakers and economists to assess the overall health of the U.S. economy and inflationary trends.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of total compensation and output.
Historical Context
The unit labor cost index is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and market analysis.
Key Facts
- The index is based on 2010 as the base year with a value of 1.
- Unit labor costs measure the average cost of labor per unit of output.
- Rising unit labor costs can signal increased inflationary pressures in the economy.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2010=1, Annual, Not Seasonally Adjusted' series measures the annual growth in unit labor costs for the United States, which reflects changes in both employee compensation and labor productivity.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key metric used by policymakers and economists to assess the overall health of the U.S. economy and inflationary pressures, as rising unit labor costs can signal increased inflationary risks.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on measures of total compensation and output.
Q: How is this trend used in economic policy?
A: The unit labor cost index is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is published annually with no significant update delays, providing a timely measure of labor cost trends in the U.S. economy.
Related Trends
Real Gross Capital Formation for Estonia
NIRSAXDCESQ
Bank Credit to Bank Deposits for Estonia
DDSI04EEA156NWDB
Harmonized Index of Consumer Prices: Medical Services; Paramedical Services for Estonia
CP0621EEM086NEST
Number of Bank Branches for Estonia
DDAI02EEA643NWDB
International Merchandise Trade Statistics: Imports: Commodities for Estonia
ESTXTIMVA01CXMLM
Stock Market Total Value Traded to GDP for Estonia
DDDM02EEA156NWDB
Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (ULQBBU01EEA661N), retrieved from FRED.