KC Fed Labor Market Conditions Index, Momentum Indicator
This dataset tracks kc fed labor market conditions index, momentum indicator over time.
Latest Value
-0.18
Year-over-Year Change
-491.25%
Date Range
1/1/1992 - 6/1/2025
Summary
The Kansas City Fed Labor Market Conditions Index Momentum Indicator tracks the rate of change in overall U.S. labor market conditions, providing a timely assessment of employment 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 LMCI Momentum Indicator is a composite measure that synthesizes multiple labor market variables to gauge the direction and pace of change in the U.S. job market. It is used by economists and policymakers to supplement other labor market data in evaluating the health and trajectory of employment.
Methodology
The index is calculated by the Federal Reserve Bank of Kansas City based on a dynamic factor model of various labor market indicators.
Historical Context
The LMCI Momentum Indicator offers insights that inform monetary policy decisions and market analysis.
Key Facts
- The LMCI Momentum Indicator has a historical range from -5.3 to 2.1.
- A positive LMCI Momentum reading signals strengthening labor market conditions.
- The index is updated monthly by the Federal Reserve Bank of Kansas City.
FAQs
Q: What does this economic trend measure?
A: The LMCI Momentum Indicator tracks the rate of change in overall U.S. labor market conditions, providing a timely assessment of employment trends.
Q: Why is this trend relevant for users or analysts?
A: The LMCI Momentum Indicator offers insights that inform monetary policy decisions and market analysis by providing a comprehensive perspective on the health and trajectory of the U.S. job market.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve Bank of Kansas City based on a dynamic factor model of various labor market indicators.
Q: How is this trend used in economic policy?
A: The LMCI Momentum Indicator is used by economists and policymakers to supplement other labor market data in evaluating the health and trajectory of employment, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is updated monthly by the Federal Reserve Bank of Kansas City, providing timely data on labor market conditions.
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Citation
U.S. Federal Reserve, KC Fed Labor Market Conditions Index, Momentum Indicator (FRBKCLMCIM), retrieved from FRED.