Index 2010=1, Quarterly, Not Seasonally Adjusted
ULQBBU05HUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.15
Year-over-Year Change
10.03%
Date Range
1/1/1995 - 1/1/2011
Summary
The 'Index 2010=1, Quarterly, Not Seasonally Adjusted' trend measures a unit labor cost index for the United States, which is an important indicator of domestic inflationary pressures.
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 changes in the cost of labor required to produce one unit of output, providing insights into productivity, inflation, and competitiveness. Economists and policymakers closely monitor this metric to gauge the underlying health of the economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of hourly compensation and productivity.
Historical Context
This index is widely used to inform monetary and fiscal policy decisions.
Key Facts
- The base year for the index is 2010.
- The index is published on a quarterly basis.
- The data is not seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: This trend measures a unit labor cost index, which tracks changes in the cost of labor required to produce one unit of output in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into productivity, inflation, and competitiveness, making it a closely monitored indicator by economists and policymakers.
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 hourly compensation and productivity.
Q: How is this trend used in economic policy?
A: This index is widely used to inform monetary and fiscal policy decisions, as it reflects the underlying health of the economy.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Index 2010=1, Quarterly, Not Seasonally Adjusted (ULQBBU05HUQ661N), retrieved from FRED.