Index 2010=1, Quarterly, Not Seasonally Adjusted
ULQBBU01HUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.09
Year-over-Year Change
3.95%
Date Range
1/1/1995 - 1/1/2011
Summary
The Index 2010=1, Quarterly, Not Seasonally Adjusted series measures the ratio of unit labor costs in the U.S. nonfarm business sector. This metric provides insight into productivity and inflationary pressures.
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 unit labor cost index tracks changes in the cost of labor input required to produce one unit of output. It is an important indicator for policymakers and analysts to monitor inflationary trends and productivity in the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using employee compensation and output data.
Historical Context
The unit labor cost index is a key input for the Federal Reserve and other institutions in assessing economic conditions and setting appropriate policies.
Key Facts
- The index has a base year of 2010.
- Quarterly data is reported, not seasonally adjusted.
- The index measures the ratio of employee compensation to real output.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Quarterly, Not Seasonally Adjusted series measures the ratio of unit labor costs in the U.S. nonfarm business sector.
Q: Why is this trend relevant for users or analysts?
A: The unit labor cost index provides insight into productivity and inflationary pressures, making it a key indicator for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using employee compensation and output data.
Q: How is this trend used in economic policy?
A: The unit labor cost index is a key input for the Federal Reserve and other institutions in assessing economic conditions and setting appropriate policies.
Q: Are there update delays or limitations?
A: The data is reported quarterly and is not seasonally adjusted.
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Citation
U.S. Federal Reserve, Index 2010=1, Quarterly, Not Seasonally Adjusted (ULQBBU01HUQ661N), retrieved from FRED.