Index 2010=1, Trend, Annual, Not Seasonally Adjusted
ULQBBU08SEA662N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
10.72%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend represents an annual, not seasonally adjusted index of a key labor productivity metric, which is crucial for understanding long-term economic growth 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, Trend, Annual, Not Seasonally Adjusted series tracks changes in labor productivity over time, providing insight into how efficiently the U.S. economy is utilizing its workforce to generate output.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of real output and employee hours.
Historical Context
This index is widely used by economists, policymakers, and market analysts to assess the health and competitiveness of the U.S. economy.
Key Facts
- The index is based on 2010 as the base year (2010=1).
- Annual, not seasonally adjusted data is provided.
- The index tracks changes in labor productivity over time.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in labor productivity, which is a key indicator of how efficiently the U.S. economy is utilizing its workforce to generate output.
Q: Why is this trend relevant for users or analysts?
A: Labor productivity is a crucial metric for understanding long-term economic growth and competitiveness, making this trend highly relevant 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 real output and employee hours.
Q: How is this trend used in economic policy?
A: This index is widely used by economists and policymakers to assess the health and competitiveness of the U.S. economy, informing policy decisions aimed at promoting productivity growth.
Q: Are there update delays or limitations?
A: The data is provided on an annual basis, without seasonal adjustments, which may limit its use for short-term analysis but provides valuable insights into long-term productivity trends.
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Citation
U.S. Federal Reserve, Index 2010=1, Trend, Annual, Not Seasonally Adjusted (ULQBBU08SEA662N), retrieved from FRED.