Index 2010=1, Quarterly, Seasonally Adjusted
ULQBBU05AUQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.03
Year-over-Year Change
5.81%
Date Range
7/1/1983 - 7/1/2011
Summary
The Index 2010=1, Quarterly, Seasonally Adjusted is a key economic indicator that measures changes in unit labor costs for the U.S. business sector. It provides insights into productivity, inflation, and the overall health of 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 tracks the ratio of hourly compensation to output per hour for the U.S. business sector. It serves as a proxy for inflationary pressures and is closely monitored by policymakers and analysts to gauge macroeconomic conditions.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses and households.
Historical Context
This index is widely used by the Federal Reserve and other policymakers to inform monetary policy decisions and economic forecasting.
Key Facts
- The index has a base year of 2010.
- It is reported on a quarterly basis.
- The data is seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Quarterly, Seasonally Adjusted measures changes in unit labor costs for the U.S. business sector, which is the ratio of hourly compensation to output per hour.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into productivity, inflation, and the overall health of the economy, making it a key indicator monitored by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses and households.
Q: How is this trend used in economic policy?
A: The Index 2010=1, Quarterly, Seasonally Adjusted is widely used by the Federal Reserve and other policymakers to inform monetary policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The index is reported on a quarterly basis, with some potential for minor delays in data availability.
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Citation
U.S. Federal Reserve, Index 2010=1, Quarterly, Seasonally Adjusted (ULQBBU05AUQ661S), retrieved from FRED.