Index 2010=1, Annual, Not Seasonally Adjusted
ULQBBU04HUA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
117.31%
Date Range
1/1/1995 - 1/1/2010
Summary
The 'Index 2010=1, Annual, Not Seasonally Adjusted' series measures the annual, unadjusted index of unit labor costs in the United States. This metric is a key indicator of cost-push inflation and labor productivity.
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
Unit labor costs represent the average cost of labor per unit of output. This index tracks changes in these costs over time, providing insights into the underlying drivers of inflation and productivity trends within the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of labor compensation and productivity.
Historical Context
Policymakers and analysts use this index to assess inflationary pressures and labor market dynamics as part of evaluating the overall economic landscape.
Key Facts
- The index has a base year of 2010 = 1.
- Annual, not seasonally adjusted data is provided.
- The index tracks changes in labor costs per unit of output.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2010=1, Annual, Not Seasonally Adjusted' series measures the annual, unadjusted index of unit labor costs in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into cost-push inflation and labor productivity, which are crucial factors for policymakers and economists in evaluating the overall economic landscape.
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 labor compensation and productivity.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary pressures and labor market dynamics as part of evaluating the overall economic landscape.
Q: Are there update delays or limitations?
A: The data is provided on an annual basis and may be subject to revisions by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (ULQBBU04HUA661S), retrieved from FRED.