Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total for Portugal
Index 2015=100, Seasonally Adjusted
ULQELP01PTQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.94
Year-over-Year Change
6.74%
Date Range
1/1/1995 - 7/1/2023
Summary
The Index 2015=100, Seasonally Adjusted measures the level of total output in the U.S. economy. It is a critical indicator of overall economic health and activity.
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 changes in the total volume of goods and services produced in the United States, adjusted for seasonal variations. It is a widely followed barometer of the nation's economic performance and a key input for policymakers and analysts.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using a range of economic indicators.
Historical Context
The Index 2015=100, Seasonally Adjusted is used to monitor trends in the broader economy and inform policy decisions.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- The data is adjusted for seasonal variations to provide a clearer picture of underlying trends.
- The index is a comprehensive measure of economic activity across all sectors of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Seasonally Adjusted measures the total volume of goods and services produced in the United States, providing a broad indicator of overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: This index is a widely followed barometer of the nation's economic performance and a key input for policymakers and analysts to monitor trends and inform decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using a range of economic indicators.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Seasonally Adjusted is used by economists, policymakers, and market participants to assess the overall health and direction of the U.S. economy.
Q: Are there update delays or limitations?
A: The index data is released on a regular schedule by the U.S. Bureau of Economic Analysis, with some minor delays due to the comprehensive nature of the underlying data collection.
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services Less Housing (Housing Excluding Imputed Rentals for Housing) for Portugal
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Infra-Annual Labor Statistics: Inactivity Rate Female: From 25 to 54 Years for Portugal
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Citation
U.S. Federal Reserve, Index 2015=100, Seasonally Adjusted (ULQELP01PTQ661S), retrieved from FRED.