Employment Cost Index
Market Sensitivity: Medium to high.
What Is It: The most comprehensive measure of labor costs.
News Release on Internet: www.stats.bls.gov/news.release/eci.toc.htm
Home Web Address: www.stats.bls.gov
Release Time: 8:30 A.M. (ET); released the last Thursday of April, July, October, and January.
Frequency: Quarterly.
Source: Bureau of Labor Statistics, Department of Labor.
Revisions: Not on a quarterly basis. Revisions are announced annually with the release of first quarter data, and the changes can go back several years.
Why Is It Important
Inflation is the scourge of any economy. It drives interest rates higher and can punish stock prices. Thus, any indicator that serves as an early warning system of rising inflation ...
Get The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
