Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total for Estonia
Index 2015=100, Seasonally Adjusted
ULQELP01EEQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.89
Year-over-Year Change
-6.11%
Date Range
1/1/1995 - 7/1/2023
Summary
The Index 2015=100, Seasonally Adjusted measures the level of manufacturing production output in the United States. This metric is a key indicator of the health and performance of the U.S. manufacturing sector.
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 2015=100, Seasonally Adjusted represents the monthly level of manufacturing production, with the year 2015 set as the base year with an index value of 100. This index is a widely followed metric that economists and policymakers use to gauge the vitality of the U.S. manufacturing industry.
Methodology
The data for this index is collected through surveys of manufacturing facilities and then seasonally adjusted.
Historical Context
The Index 2015=100, Seasonally Adjusted is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and market analysis.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The index is seasonally adjusted to remove regular fluctuations.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Seasonally Adjusted measures the monthly level of manufacturing production output in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index is a widely followed indicator of the health and performance of the U.S. manufacturing sector, which is a crucial component of the overall economy.
Q: How is this data collected or calculated?
A: The data for this index is collected through surveys of manufacturing facilities and then seasonally adjusted.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Seasonally Adjusted is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The index data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Index 2015=100, Seasonally Adjusted (ULQELP01EEQ661S), retrieved from FRED.