Index 2010=1, Quarterly, Not Seasonally Adjusted
ULQBBU08SEQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.98
Year-over-Year Change
1.68%
Date Range
1/1/1993 - 1/1/2011
Summary
The Index 2010=1, Quarterly, Not Seasonally Adjusted series measures the quarterly change in the unit labor costs for the U.S. nonfarm business sector. This metric is a key indicator of inflationary pressures and productivity.
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
Unit labor costs represent the average cost of labor per unit of output, calculated as the ratio of total labor compensation to real output. This index tracks changes in this key productivity metric over time, providing insights into the dynamics of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this index to assess inflationary risks and evaluate the overall health of the U.S. economy.
Key Facts
- The index has a base year of 2010.
- Quarterly data is reported, not seasonally adjusted.
- The index measures changes in unit labor costs for the nonfarm business sector.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Quarterly, Not Seasonally Adjusted series measures changes in unit labor costs for the U.S. nonfarm business sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflationary pressures and productivity, providing insights into the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary risks and evaluate the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is reported quarterly with no seasonal adjustments.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Sweden
SWECP020000CTGYM
Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for Sweden
CP0121SEM086NEST
Leading Indicators OECD: Component series: Orders: Original series for Sweden
SWELOCOODORIXOBSAM
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for Sweden
SWELORSGPNOSTSAM
Leading Indicators OECD: Component series: Share prices: Normalised for Sweden
SWELOCOSPNOSTSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Sweden
SWECPIALLMINMEI
Citation
U.S. Federal Reserve, Index 2010=1, Quarterly, Not Seasonally Adjusted (ULQBBU08SEQ661N), retrieved from FRED.