All Employees: Leisure and Hospitality in Delaware
Seasonally Adjusted
DELEIH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.10
Year-over-Year Change
-1.30%
Date Range
1/1/1990 - 6/1/2025
Summary
The Seasonally Adjusted Employment Cost Index (ECI) measures changes in the cost of labor over time, providing insights into labor market pressures and inflationary trends.
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 ECI tracks the change in compensation costs for civilian workers, including wages and salaries as well as benefits. It is a key indicator used by policymakers and economists to assess labor market dynamics and inflationary pressures.
Methodology
The Bureau of Labor Statistics collects data through employer surveys to calculate the Seasonally Adjusted ECI.
Historical Context
The ECI is closely monitored by the Federal Reserve as part of its dual mandate to ensure price stability and maximum employment.
Key Facts
- The ECI is a quarterly indicator.
- It covers both private industry and state/local government workers.
- The index is adjusted for seasonal variations.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Employment Cost Index (ECI) measures changes in the cost of labor, including wages, salaries, and benefits.
Q: Why is this trend relevant for users or analysts?
A: The ECI is a key indicator used by policymakers and economists to assess labor market dynamics and inflationary pressures.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics collects data through employer surveys to calculate the Seasonally Adjusted ECI.
Q: How is this trend used in economic policy?
A: The ECI is closely monitored by the Federal Reserve as part of its mandate to ensure price stability and maximum employment.
Q: Are there update delays or limitations?
A: The ECI is a quarterly indicator, with some delay in data availability.
Related Trends
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Real Gross Domestic Product: Petroleum and Coal Products Manufacturing (324) in Delaware
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Citation
U.S. Federal Reserve, Seasonally Adjusted Employment Cost Index (DELEIH), retrieved from FRED.