Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Compensation per Unit of Labor Input: Total for Czech Republic
Index 2015=100, Seasonally Adjusted
ULQECU01CZQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
159.10
Year-over-Year Change
19.53%
Date Range
1/1/1995 - 7/1/2023
Summary
The Index 2015=100, Seasonally Adjusted measures the level of total output in the U.S. economy. It is a key indicator of overall economic activity and a valuable data point for economists and policymakers.
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 total volume of goods and services produced in the United States, adjusted for seasonal variations. It is a broad measure of economic performance and is used to analyze trends in the business cycle and gauge the health of the national economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a variety of sources.
Historical Context
The index is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- It covers the entire U.S. economy, including the goods and services sectors.
- Seasonally adjusted data smooths out regular fluctuations to reveal underlying trends.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Seasonally Adjusted measures the total volume of goods and services produced in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This broad measure of economic performance is closely watched by economists, policymakers, and investors to analyze trends in the business cycle and gauge the overall health of the national economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a variety of sources.
Q: How is this trend used in economic policy?
A: The index is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Q: Are there update delays or limitations?
A: The index data is released on a regular schedule with minimal delays, providing timely information on the state of the U.S. economy.
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Citation
U.S. Federal Reserve, Index 2015=100, Seasonally Adjusted (ULQECU01CZQ661S), retrieved from FRED.