Index 2010=1, Trend, Quarterly, Not Seasonally Adjusted
ULQBBU02EEQ662N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.91
Year-over-Year Change
-15.63%
Date Range
1/1/1995 - 1/1/2011
Summary
This economic index measures the quarterly trend in unit labor costs, a key indicator of inflation pressures. Monitoring this metric helps policymakers and analysts assess the broader economic outlook.
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 Unit Labor Cost Index tracks changes in the cost of labor per unit of output, providing insights into productivity and inflationary dynamics. This data is widely used to analyze underlying trends in the economy and inform policy decisions.
Methodology
The index is calculated by the U.S. Bureau of Labor Statistics based on measures of output, compensation, and employment.
Historical Context
The Unit Labor Cost Index is a important input for the Federal Reserve and other policymakers in evaluating the state of the economy and potential inflationary risks.
Key Facts
- The index is published quarterly by the U.S. Bureau of Labor Statistics.
- Unit labor costs represent the cost of labor per unit of real output.
- Rising unit labor costs can signal increasing inflationary pressures in the economy.
FAQs
Q: What does this economic trend measure?
A: The Unit Labor Cost Index tracks changes in the cost of labor per unit of output, providing insights into productivity and inflationary dynamics.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by policymakers and economists to assess the broader economic outlook and potential inflationary risks.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Bureau of Labor Statistics based on measures of output, compensation, and employment.
Q: How is this trend used in economic policy?
A: The Unit Labor Cost Index is an important input for the Federal Reserve and other policymakers in evaluating the state of the economy and potential inflationary pressures.
Q: Are there update delays or limitations?
A: The index is published quarterly by the U.S. Bureau of Labor Statistics, with a short lag between the reference period and release date.
Related Trends
Producer Prices Index: Economic Activities: Energy: Total for Estonia
PIEAEN01EEM661N
Number of Identified Exporters to Estonia from Michigan
MIESTA475SCEN
Employment to Population Rate: All Ages: Females for Estonia
LREPTTFEEEQ156S
Harmonized Index of Consumer Prices: Administered Prices for Estonia
AP0000EEM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Estonia
ESTCPHP0300GYM
Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Estonia
LMUNRLTTEEM647S
Citation
U.S. Federal Reserve, Index 2010=1, Trend, Quarterly, Not Seasonally Adjusted (ULQBBU02EEQ662N), retrieved from FRED.