Index 2010=1, Annual, Not Seasonally Adjusted
ULQBBU05IEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
21.70%
Date Range
1/1/2000 - 1/1/2010
Summary
The Index 2010=1, Annual, Not Seasonally Adjusted trend measures changes in unit labor costs in the U.S. manufacturing sector. This metric is a key indicator of labor productivity and 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
The Index 2010=1, Annual, Not Seasonally Adjusted trend tracks the ratio of hourly compensation to labor productivity for the U.S. manufacturing industry. It provides insights into a firm's ability to pass on increased labor costs to consumers.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on survey inputs.
Historical Context
This metric is closely monitored by policymakers and economists to assess macroeconomic conditions and inflationary risks.
Key Facts
- The index has a base year of 2010.
- Annual, not seasonally adjusted data is published.
- The metric reflects both wage growth and productivity changes.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Annual, Not Seasonally Adjusted trend measures changes in unit labor costs for the U.S. manufacturing sector. It captures the ratio of hourly compensation to labor productivity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor productivity and potential inflationary pressures, making it a key indicator monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on survey inputs.
Q: How is this trend used in economic policy?
A: This metric is closely watched by the Federal Reserve and other policymakers to assess macroeconomic conditions and inflationary risks.
Q: Are there update delays or limitations?
A: The Index 2010=1, Annual, Not Seasonally Adjusted data is published with an annual frequency by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (ULQBBU05IEA661N), retrieved from FRED.