Index 2010=1, Annual, Not Seasonally Adjusted
ULQBBU05IEA661S • 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 series measures the annual change in unit labor costs for the U.S. business sector, providing insights into inflationary pressures and productivity trends.
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 growth in labor costs per unit of output, factoring in changes in both compensation and productivity. It is a key indicator used by economists and policymakers to assess the overall health of the economy and potential inflationary risks.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of compensation and output.
Historical Context
The unit labor cost index is closely monitored by the Federal Reserve and other institutions to inform monetary policy decisions.
Key Facts
- The index has a base year of 2010 = 1.
- The data is reported on an annual, not seasonally adjusted basis.
- Rising unit labor costs can signal potential inflationary pressures in the economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Annual, Not Seasonally Adjusted series measures the annual change in unit labor costs for the U.S. business sector.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator used by economists and policymakers to assess inflationary pressures and productivity trends in the economy.
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 compensation and output.
Q: How is this trend used in economic policy?
A: The unit labor cost index is closely monitored by the Federal Reserve and other institutions to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted data is reported with a delay, and may not fully capture short-term fluctuations.
Related Trends
Liquid Liabilities to GDP for Ireland
DDDI05IEA156NWDB
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Ireland
IRLFCLODCXDC
Real Broad Effective Exchange Rate for Ireland
RBIEBIS
Consumer Price Index: Total Food Excluding Restaurants for Ireland
CPGDFD02IEM657N
Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Ireland
ODCNPI03IEA156N
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for Ireland
LRHUTTMAIEQ156N
Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (ULQBBU05IEA661S), retrieved from FRED.