Index 2010=1, Quarterly, Seasonally Adjusted
ULQBBU02O1Q661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.99
Year-over-Year Change
2.98%
Date Range
1/1/1990 - 1/1/2011
Summary
The Index 2010=1, Quarterly, Seasonally Adjusted trend measures changes in unit labor costs for the U.S. business sector. It is a key indicator of inflationary pressures and productivity in the economy.
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 Index 2010=1, Quarterly, Seasonally Adjusted trend tracks the ratio of hourly compensation to output per hour for the U.S. non-farm business sector. It provides insights into the relationship between labor costs and productivity, which influences a range of economic decisions.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of hourly compensation and output per hour.
Historical Context
This index is closely monitored by policymakers, economists, and investors to assess the overall health and competitiveness of the U.S. economy.
Key Facts
- The base year for the index is 2010.
- Quarterly data is reported on a seasonally adjusted basis.
- Rising unit labor costs can signal inflationary pressures in the economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Quarterly, Seasonally Adjusted trend measures changes in unit labor costs for the U.S. non-farm business sector.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into the relationship between labor costs and productivity, which is a key indicator of inflationary pressures and overall economic competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on measures of hourly compensation and output per hour.
Q: How is this trend used in economic policy?
A: This index is closely monitored by policymakers, economists, and investors to assess the overall health and competitiveness of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with a short delay, providing timely insights into labor cost and productivity trends.
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Citation
U.S. Federal Reserve, Index 2010=1, Quarterly, Seasonally Adjusted (ULQBBU02O1Q661S), retrieved from FRED.