Index 2010=1, Annual, Not Seasonally Adjusted
ULQBBU02HUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
30.94%
Date Range
1/1/1995 - 1/1/2010
Summary
The Index 2010=1, Annual, Not Seasonally Adjusted trend measures changes in unit labor costs in the manufacturing sector of the U.S. economy. It is a key indicator of 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
This index tracks the ratio of hourly compensation to labor productivity for the manufacturing industry. It provides insights into cost-push inflation and can inform monetary and fiscal policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of manufacturing establishments.
Historical Context
Policymakers and analysts use this index to assess the health of the manufacturing sector and inflationary risks.
Key Facts
- The index uses 2010 as the base year.
- It measures changes in hourly compensation and labor productivity.
- The index is published annually on a not seasonally adjusted basis.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Annual, Not Seasonally Adjusted measures changes in unit labor costs in the U.S. manufacturing sector, which is the ratio of hourly compensation to labor productivity.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into cost-push inflation and can inform monetary and fiscal policy decisions, as well as assessments of the health of the manufacturing industry.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary risks and the overall state of the manufacturing sector, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published annually on a not seasonally adjusted basis, so there may be lags in the data compared to more frequently updated economic indicators.
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Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (ULQBBU02HUA661N), retrieved from FRED.