Index 2010=1, Annual, Not Seasonally Adjusted
ULQBBU06CZA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
100.62%
Date Range
1/1/1998 - 1/1/2010
Summary
The 'Index 2010=1, Annual, Not Seasonally Adjusted' trend measures the unit labor cost index for the non-farm business sector in the United States. This metric is a key indicator of inflationary pressure 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
The unit labor cost index tracks changes in the cost of labor input per unit of output. It is a vital statistic for economists and policymakers in assessing the underlying 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 output, employment, and compensation.
Historical Context
The unit labor cost index is closely monitored by the Federal Reserve and other institutions when making monetary policy decisions.
Key Facts
- The index has a base year of 2010 = 1.
- Annual, not seasonally adjusted data is reported.
- The index reflects changes in labor compensation and productivity.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2010=1, Annual, Not Seasonally Adjusted' metric tracks changes in the unit labor cost index for the non-farm business sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: The unit labor cost index is a key indicator of inflationary pressure and productivity trends, making it vital for economists and policymakers assessing the health of 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 output, employment, and compensation.
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 when making monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is reported annually and not seasonally adjusted.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Czechia
CZECPHP0600GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Czechia
CZECP020000IXOBM
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Czechia
LCEAMN01CZQ661N
Consumer Price Index: Harmonized Prices: All Items: Total for Czech Republic
CZECPHPTT01IXEBM
Harmonized Index of Consumer Prices: Gas for Czech Republic
CP0452CZM086NEST
Number of Identified Exporters to Czech Republic from Vermont
VTCZEA475SCEN
Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (ULQBBU06CZA661S), retrieved from FRED.