Index 2010=1, Annual, Not Seasonally Adjusted
ULQBBU06ATA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
17.93%
Date Range
1/1/1988 - 1/1/2010
Summary
The Index 2010=1, Annual, Not Seasonally Adjusted measures changes in unit labor costs, a key indicator of inflationary pressures and productivity trends in the U.S. 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 index tracks the ratio of hourly compensation to labor productivity, providing insight into how employers' costs per unit of output are changing over time. Economists and policymakers use this data to assess the economy's competitiveness and inflationary dynamics.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of hourly compensation and labor productivity.
Historical Context
The index is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2010 = 1.
- It is published on an annual, non-seasonally adjusted basis.
- 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 measures changes in unit labor costs, which reflect the ratio of hourly compensation to labor productivity.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into the competitiveness and inflationary dynamics of the U.S. economy, making it a key indicator for economists, policymakers, and market analysts.
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 hourly compensation and labor productivity.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor the index to inform monetary and fiscal policy decisions, as changes in unit labor costs can signal inflationary pressures in the economy.
Q: Are there update delays or limitations?
A: The index is published on an annual, non-seasonally adjusted basis, which may limit its use for short-term analysis compared to more frequently updated economic indicators.
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Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (ULQBBU06ATA661S), retrieved from FRED.