Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total for Australia
Index 2015=100
ULQELP01AUQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.68
Year-over-Year Change
0.58%
Date Range
1/1/1967 - 7/1/2023
Summary
The Index 2015=100 measures the producer price index for electric power generation, transmission, and distribution in the United States. This metric is closely watched by economists and policymakers as an indicator of inflationary pressures in the power sector.
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 2015=100 tracks changes in the prices charged by power generation, transmission, and distribution companies over time, using 2015 as the base year. It provides insight into cost trends for a key input to many industries and households.
Methodology
The data is collected through surveys of power companies by the U.S. Bureau of Labor Statistics.
Historical Context
This index is used to inform energy and infrastructure policy decisions.
Key Facts
- The index base year is 2015.
- The index tracks power generation, transmission, and distribution prices.
- The index is published monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures changes in the prices charged by electric power generation, transmission, and distribution companies in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures in the power sector, which has broad implications for businesses and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of power companies by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Index 2015=100 is used by policymakers and economists to inform decisions related to energy and infrastructure policy.
Q: Are there update delays or limitations?
A: The index is published monthly, with a short lag, by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Index 2015=100 (ULQELP01AUQ661S), retrieved from FRED.