Index 2010=1, Quarterly
ULQBBU07AUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.02
Year-over-Year Change
1.38%
Date Range
7/1/1983 - 7/1/2011
Summary
The Index 2010=1, Quarterly measures changes in unit labor costs in the U.S. manufacturing sector. This economic indicator provides insights into productivity, labor compensation, and overall 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 tracks changes in unit labor costs, which represent the total labor costs required to produce one unit of output. This metric is closely monitored by economists and policymakers as a gauge of manufacturing sector efficiency and inflationary pressures.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of manufacturing establishments.
Historical Context
The Index 2010=1, Quarterly is used to inform monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2010 = 1.
- The data is released on a quarterly basis.
- Unit labor costs reflect both wages and labor productivity.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Quarterly measures changes in unit labor costs in the U.S. manufacturing sector, which represent the total labor costs required to produce one unit of output.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into productivity, labor compensation, and overall competitiveness, making it a key indicator monitored by economists and policymakers.
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 manufacturing establishments.
Q: How is this trend used in economic policy?
A: The Index 2010=1, Quarterly is used to inform monetary and fiscal policy decisions, as it serves as a gauge of manufacturing sector efficiency and inflationary pressures.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with some potential for minor delays in the release schedule.
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Citation
U.S. Federal Reserve, Index 2010=1, Quarterly (ULQBBU07AUQ661N), retrieved from FRED.