Index 2010=1, Annual, Not Seasonally Adjusted
ULQBBU05CAA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
5.34%
Date Range
1/1/1970 - 1/1/2010
Summary
The Index 2010=1, Annual, Not Seasonally Adjusted trend measures changes in the ratio of unit labor costs to business sector real output per hour. It provides insights into productivity and inflationary pressures in the U.S. 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
This index tracks the relationship between labor costs and output, which is a key indicator of an economy's competitiveness and inflationary dynamics. Economists and policymakers analyze this data to assess productivity growth and the potential for rising prices.
Methodology
The data is calculated by the U.S. Federal Reserve using information on compensation, productivity, and price levels.
Historical Context
This trend is widely used to inform monetary and fiscal policy decisions.
Key Facts
- The index is set to a base year of 2010 = 1.
- The data is reported on an annual basis.
- The series is not seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of unit labor costs to real output per hour in the U.S. business sector. It provides insights into productivity and inflationary pressures.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding an economy's competitiveness and the potential for rising prices. Economists and policymakers use it to assess productivity growth and inflationary dynamics.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this index using data on compensation, productivity, and price levels.
Q: How is this trend used in economic policy?
A: This trend is widely used to inform monetary and fiscal policy decisions, as it provides insights into an economy's inflationary pressures and competitiveness.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis, so there may be delays in the most recent information becoming available.
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Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (ULQBBU05CAA661S), retrieved from FRED.