Labor Compensation: Earnings: All Activities: Real Monthly Earnings for Brazil
Index 2015=100, Monthly, Seasonally Adjusted
LCEATT04BRM661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.01
Year-over-Year Change
4.68%
Date Range
3/1/2012 - 10/1/2023
Summary
The 'Index 2015=100, Monthly, Seasonally Adjusted' series measures the cost of labor inputs for the transportation and warehousing industry. This key economic indicator provides insights into industry productivity and cost 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
This index tracks changes in the average hourly compensation costs for employees in the transportation and warehousing sector, a vital component of the U.S. logistics and supply chain infrastructure. It is used by economists and policymakers to analyze industry labor dynamics and its impact on broader economic performance.
Methodology
The data is collected through employer surveys and calculated as an index with a base year of 2015.
Historical Context
This labor cost index informs discussions around industry competitiveness, employment, and the potential for inflationary pressures.
Key Facts
- Base year for the index is 2015.
- Measures average hourly compensation costs.
- Covers the transportation and warehousing sector.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the average hourly compensation costs for employees in the transportation and warehousing industry.
Q: Why is this trend relevant for users or analysts?
A: This labor cost index provides insights into industry productivity and cost trends, informing discussions around competitiveness, employment, and potential inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys and calculated as an index with a base year of 2015.
Q: How is this trend used in economic policy?
A: This index informs discussions around industry competitiveness, employment, and the potential for inflationary pressures, making it relevant for economists and policymakers.
Q: Are there update delays or limitations?
A: The data is published monthly, with typical update delays of a few weeks.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly, Seasonally Adjusted (LCEATT04BRM661S), retrieved from FRED.