Growth Rate Previous Period, Quarterly, Seasonally Adjusted
ULQBBU05DKQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.09
Year-over-Year Change
-104.67%
Date Range
4/1/1988 - 4/1/2011
Summary
This economic indicator measures the quarter-over-quarter growth rate of the U.S. Bureau of Labor Statistics' Employer Costs for Employee Compensation (ECEC) index, adjusted for seasonal variations.
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 Growth Rate Previous Period, Quarterly, Seasonally Adjusted series tracks the percent change in employment compensation costs from one quarter to the next, providing insights into inflationary pressures and labor market dynamics.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of employer compensation costs.
Historical Context
This metric is closely monitored by policymakers, economists, and market analysts to assess the state of the U.S. economy and inform economic decision-making.
Key Facts
- Measured in percent change from previous quarter.
- Seasonally adjusted to account for recurring fluctuations.
- Provides insight into inflationary pressures on employment costs.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter percent change in the Employer Costs for Employee Compensation (ECEC) index, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate in employee compensation costs is a key indicator of inflationary pressures and labor market dynamics, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on surveys of employer compensation costs.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers to assess the state of the U.S. economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Labor Statistics, with a typical release delay of approximately one month.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (ULQBBU05DKQ657S), retrieved from FRED.