Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Switzerland
Quarterly
CHECP120000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.59
Year-over-Year Change
-881.14%
Date Range
1/1/1984 - 1/1/2025
Summary
The Quarterly Employer Costs for Employee Compensation (ECEC) index measures the average cost to employers for providing employee compensation, including wages and benefits.
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 ECEC index is a key indicator of labor costs and is closely watched by economists and policymakers as it provides insights into inflation pressures and the health of the labor market.
Methodology
The data is collected through the National Compensation Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The ECEC index is used by the Federal Reserve and other institutions to help inform monetary policy decisions.
Key Facts
- The ECEC index measures the average cost of wages, salaries, and benefits per hour worked.
- Employer costs for health insurance make up a significant portion of total compensation.
- The ECEC index is released quarterly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Employer Costs for Employee Compensation (ECEC) index measures the average cost to employers for providing employee compensation, including wages, salaries, and benefits.
Q: Why is this trend relevant for users or analysts?
A: The ECEC index is a key indicator of labor costs and is closely watched by economists and policymakers as it provides insights into inflation pressures and the health of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through the National Compensation Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The ECEC index is used by the Federal Reserve and other institutions to help inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The ECEC index is released quarterly by the Bureau of Labor Statistics, with a typical delay of several weeks after the end of the reference quarter.
Related Trends
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Infra-Annual Labor Statistics: Unemployment Rate Female: 15 Years or over for Switzerland
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Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Unprocessed Food for Switzerland
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Citation
U.S. Federal Reserve, Quarterly Employer Costs for Employee Compensation (CHECP120000GYQ), retrieved from FRED.