Index 2010=1, Quarterly, Seasonally Adjusted
ULQBBU05CAQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.02
Year-over-Year Change
1.66%
Date Range
1/1/1970 - 7/1/2011
Summary
The Index 2010=1, Quarterly, Seasonally Adjusted trend measures the ratio of unit labor costs for the U.S. business sector. It is a key indicator of inflationary pressures and a critical input for economic 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 the growth in total labor costs per unit of real output, reflecting a combination of changes in worker compensation and productivity. It is used by economists and analysts to assess the state of the broader economy and inflationary dynamics.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of business establishments.
Historical Context
The index is closely monitored by the Federal Reserve and other policymakers as they evaluate the need for interest rate adjustments to manage inflation.
Key Facts
- Baseline year is 2010 = 1.0.
- Measures changes in total labor costs per unit of real output.
- A key input for evaluating inflationary pressures in the economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Quarterly, Seasonally Adjusted trend measures the ratio of unit labor costs in the U.S. business sector.
Q: Why is this trend relevant for users or analysts?
A: This index is a critical indicator of inflationary pressures and an important input for economic policymakers in assessing the state of the broader economy.
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 business establishments.
Q: How is this trend used in economic policy?
A: The index is closely monitored by the Federal Reserve and other policymakers as they evaluate the need for interest rate adjustments to manage inflation.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with typical update delays of 1-2 months.
Related Trends
M1, Alternate Definition 2 for Canada
MAM1A2CAM189N
Outstanding International Public Debt Securities to GDP for Canada
DDDM06CAA156NWDB
Household Debt to GDP for Canada
HDTGPDCAQ163N
Cash surplus/deficit (% of GDP) for Canada
CASHBLCAA188A
Consumer Price Index: OECD Groups: Services Less Housing: Total for Canada
CANCPGRLH01GPM
Total Credit to General Government, Adjusted for Breaks, for Canada
QCAGAM770A
Citation
U.S. Federal Reserve, Index 2010=1, Quarterly, Seasonally Adjusted (ULQBBU05CAQ661S), retrieved from FRED.