Index 2010=1, Quarterly, Seasonally Adjusted
ULQBBU06EEQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.04
Year-over-Year Change
3.29%
Date Range
1/1/1995 - 1/1/2011
Summary
The Index 2010=1, Quarterly, Seasonally Adjusted metric tracks changes in unit labor costs for the total economy. This key indicator provides insights into productivity, inflation, and competitiveness.
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 Index 2010=1, Quarterly, Seasonally Adjusted metric measures the ratio of hourly compensation to output per hour for the total US economy. It serves as an important gauge of labor market dynamics and production efficiency.
Methodology
The data is calculated by the US Bureau of Labor Statistics using survey data on wages, salaries, and productivity.
Historical Context
Policymakers and analysts monitor this index to assess economic performance and make informed decisions.
Key Facts
- The index uses 2010 as the base year with a value of 1.
- Unit labor costs reflect the average cost of labor per unit of output.
- Tracking this metric helps identify trends in labor market efficiency.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Quarterly, Seasonally Adjusted metric measures changes in unit labor costs for the total US economy.
Q: Why is this trend relevant for users or analysts?
A: This key indicator provides insights into productivity, inflation, and competitiveness, making it essential for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the US Bureau of Labor Statistics using survey data on wages, salaries, and productivity.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to assess economic performance and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Federal Reserve, with some delay in reporting.
Related Trends
Deposit Money Bank Assets to GDP for Estonia
DDDI02EEA156NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Estonia
ESTCPHP0900GYM
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Estonia
LREM24TTEEA156S
Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Estonia
LREMTTTTEEA156N
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Estonia
LREM74MAEEA156N
Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Estonia
LREM55MAEEA156N
Citation
U.S. Federal Reserve, Index 2010=1, Quarterly, Seasonally Adjusted (ULQBBU06EEQ661S), retrieved from FRED.