Index 2010=1, Annual, Not Seasonally Adjusted
ULQBBU03G7A661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-2.59%
Date Range
1/1/1990 - 1/1/2010
Summary
The Index 2010=1, Annual, Not Seasonally Adjusted measures a critical aspect of the U.S. economy, providing insights for economists and policymakers.
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 tracks changes in unit labor costs, which represent the total labor costs per unit of output. It is an important indicator of inflationary pressures and competitiveness within the economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using employment, compensation, and productivity statistics.
Historical Context
Policymakers and analysts monitor this index to assess the underlying dynamics of the labor market and make informed decisions.
Key Facts
- The index has a base year of 2010.
- It is published on an annual basis.
- The data is not seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Annual, Not Seasonally Adjusted measures changes in unit labor costs, which represent the total labor costs per unit of output.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures and competitiveness within the economy, providing insights for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using employment, compensation, and productivity statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to assess the underlying dynamics of the labor market and make informed decisions.
Q: Are there update delays or limitations?
A: The index is published on an annual basis, so there may be a delay in the most recent data availability.
Related Trends
Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for G7
G7LFWA55TTSTSAQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 24 Years for G7
G7LFIN24MASTQ
Sales: Retail trade: Total retail trade: Volume for G7
G7SLRTTO01GYSAM
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 64 Years for G7
G7LFIN64TTSTQ
Infra-Annual Labor Statistics: Employment Rate Male: From 25 to 54 Years for G7
G7LREM25MASTQ
Infra-Annual Labor Statistics: Working-Age Population Male: From 25 to 54 Years for G7
G7LFWA25MASTSAQ
Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (ULQBBU03G7A661S), retrieved from FRED.