Index 2010=1, Annual, Not Seasonally Adjusted
ULQBBU08SEA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
11.36%
Date Range
1/1/1993 - 1/1/2010
Summary
The 'Index 2010=1, Annual, Not Seasonally Adjusted' trend measures the year-over-year change in unit labor costs for the U.S. business sector. This metric is a key indicator of inflationary pressures and productivity.
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
Unit labor costs represent the cost of labor input per unit of output. This index tracks changes in this metric on an annual basis without seasonal adjustments, providing insight into the underlying trends in productivity and labor costs for U.S. businesses.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of output and compensation.
Historical Context
Policymakers and analysts monitor this index to gauge the state of the economy and inflationary risks.
Key Facts
- The index is set to a base year of 2010.
- Annual data is reported without seasonal adjustments.
- The metric covers the entire U.S. business sector.
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. business sector on an annual basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures and productivity within the U.S. business sector, which is crucial information for policymakers and market analysts.
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 and compensation.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to gauge the state of the economy and inflationary risks, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is reported annually without seasonal adjustments, so there may be delays in the latest information being available.
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Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (ULQBBU08SEA661S), retrieved from FRED.