Index 2010=1, Quarterly, Not Seasonally Adjusted
ULQBBU06ATQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.05
Year-over-Year Change
4.41%
Date Range
1/1/1988 - 1/1/2011
Summary
The 'Index 2010=1, Quarterly, Not Seasonally Adjusted' trend measures changes in the ratio of unit labor costs to real output. It is a key indicator of productivity and inflationary pressure 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 business output, providing insights into a core driver of inflation. It is used by economists and policymakers to assess economic performance and inform monetary and fiscal policy decisions.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of labor compensation and real output.
Historical Context
The unit labor cost index is closely monitored by the Federal Reserve and other institutions to gauge inflationary risks and inform economic policy.
Key Facts
- The index is based on 2010 as the base year with a value of 1.
- Quarterly data is released with a 2-month lag.
- Rising unit labor costs signal potential inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2010=1, Quarterly, Not Seasonally Adjusted' trend measures changes in the ratio of unit labor costs to real output, providing insights into productivity and inflationary pressures.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator used by economists and policymakers to assess economic performance and inform monetary and fiscal policy decisions.
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 labor compensation and real 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 gauge inflationary risks and inform economic policy decisions.
Q: Are there update delays or limitations?
A: Quarterly data is released with a 2-month lag.
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Citation
U.S. Federal Reserve, Index 2010=1, Quarterly, Not Seasonally Adjusted (ULQBBU06ATQ661N), retrieved from FRED.