Index 2010=1, Annual, Not Seasonally Adjusted
ULQBBU06AUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
25.54%
Date Range
1/1/1984 - 1/1/2010
Summary
The Index 2010=1, Annual, Not Seasonally Adjusted measures changes in unit labor costs over time, a key indicator of productivity and labor market conditions.
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 total hourly compensation to output per hour, reflecting the cost of labor per unit of output produced. It is widely used by economists and policymakers to assess inflationary pressures and the competitive position of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of hourly compensation and productivity.
Historical Context
The index is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The index has a base year of 2010.
- It is reported on an annual, not seasonally adjusted basis.
- Rising unit labor costs can signal potential inflationary pressures.
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 cost of labor per unit of output produced.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of productivity and labor market conditions, and is closely monitored by economists and policymakers to assess inflationary pressures and the competitive position of the U.S. economy.
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 productivity.
Q: How is this trend used in economic policy?
A: The index is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is reported on an annual basis, with no seasonal adjustments.
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Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (ULQBBU06AUA661N), retrieved from FRED.