Index 2010=1, Quarterly, Seasonally Adjusted
ULQBBU04HUQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.05
Year-over-Year Change
12.93%
Date Range
1/1/1995 - 1/1/2011
Summary
The Index 2010=1, Quarterly, Seasonally Adjusted series measures the unit labor costs in the U.S. manufacturing sector, providing insights into productivity and inflation 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
Unit labor costs represent the average cost of labor per unit of output, serving as an important indicator of inflationary pressures and competitiveness within the manufacturing industry. This index is a key metric used by economists and policymakers to evaluate economic performance and guide policy decisions.
Methodology
The data is calculated by the U.S. Federal Reserve based on measures of output, employment, and compensation.
Historical Context
The Index 2010=1, Quarterly, Seasonally Adjusted is closely monitored by the Federal Reserve and other economic institutions to assess the health of the manufacturing sector and broader economic conditions.
Key Facts
- The index uses 2010 as the base year with a value of 1.
- Quarterly data is adjusted for seasonal variations.
- Rising unit labor costs can signal increased inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Quarterly, Seasonally Adjusted measures unit labor costs in the U.S. manufacturing sector, which represent the average cost of labor per unit of output.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of productivity and inflationary pressures within the manufacturing industry, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on measures of output, employment, and compensation in the manufacturing sector.
Q: How is this trend used in economic policy?
A: The Index 2010=1, Quarterly, Seasonally Adjusted is closely monitored by the Federal Reserve and other economic institutions to assess the health of the manufacturing sector and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a potential delay of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2010=1, Quarterly, Seasonally Adjusted (ULQBBU04HUQ661S), retrieved from FRED.