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NOTES

Source: U.S. Bureau of Economic Analysis  

Release: Gross Domestic Product  

Units:  Billions of Dollars, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Series was replaced with https://fred.stlouisfed.org/series/A033RC1A027NBEA

BEA Account Code: W209RC1

For more information about this series, please see http://www.bea.gov/national/.

Suggested Citation:

U.S. Bureau of Economic Analysis, Compensation of employees (DISCONTINUED) [W209RC1A027NBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/W209RC1A027NBEA, April 18, 2024.

Source: U.S. Bureau of Labor Statistics  

Release: Consumer Price Index  

Units:  Index 1982-1984=100, Seasonally Adjusted

Frequency:  Monthly

Notes:

The Consumer Price Index for All Urban Consumers: All Items (CPIAUCSL) is a price index of a basket of goods and services paid by urban consumers. Percent changes in the price index measure the inflation rate between any two time periods. The most common inflation metric is the percent change from one year ago. It can also represent the buying habits of urban consumers. This particular index includes roughly 88 percent of the total population, accounting for wage earners, clerical workers, technical workers, self-employed, short-term workers, unemployed, retirees, and those not in the labor force.

The CPIs are based on prices for food, clothing, shelter, and fuels; transportation fares; service fees (e.g., water and sewer service); and sales taxes. Prices are collected monthly from about 4,000 housing units and approximately 26,000 retail establishments across 87 urban areas. To calculate the index, price changes are averaged with weights representing their importance in the spending of the particular group. The index measures price changes (as a percent change) from a predetermined reference date. In addition to the original unadjusted index distributed, the Bureau of Labor Statistics also releases a seasonally adjusted index. The unadjusted series reflects all factors that may influence a change in prices. However, it can be very useful to look at the seasonally adjusted CPI, which removes the effects of seasonal changes, such as weather, school year, production cycles, and holidays.

The CPI can be used to recognize periods of inflation and deflation. Significant increases in the CPI within a short time frame might indicate a period of inflation, and significant decreases in CPI within a short time frame might indicate a period of deflation. However, because the CPI includes volatile food and oil prices, it might not be a reliable measure of inflationary and deflationary periods. For a more accurate detection, the core CPI (CPILFESL) is often used. When using the CPI, please note that it is not applicable to all consumers and should not be used to determine relative living costs. Additionally, the CPI is a statistical measure vulnerable to sampling error since it is based on a sample of prices and not the complete average.

For more information on the consumer price indexes, see:
Bureau of Economic Analysis. "CPI Detailed Report." 2013.
Handbook of Methods
Understanding the CPI: Frequently Asked Questions

Suggested Citation:

U.S. Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers: All Items in U.S. City Average [CPIAUCSL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CPIAUCSL, April 18, 2024.

Source: U.S. Bureau of Economic Analysis  

Release: Gross Domestic Product  

Units:  Millions of hours, Not Seasonally Adjusted

Frequency:  Annual

Notes:

BEA Account Code: B4701C

For more information about this series, please see http://www.bea.gov/national/.

Suggested Citation:

U.S. Bureau of Economic Analysis, Hours worked by full-time and part-time employees [B4701C0A222NBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/B4701C0A222NBEA, April 18, 2024.

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Dollars per Hour, Seasonally Adjusted

Frequency:  Monthly

Notes:

Production and related employees include working supervisors and all nonsupervisory employees (including group leaders and trainees) engaged in fabricating, processing, assembling, inspecting, receiving, storing, handling, packing, warehousing, shipping, trucking, hauling, maintenance, repair, janitorial, guard services, product development, auxiliary production for plant's own use (for example, power plant), recordkeeping, and other services closely associated with the above production operations.
#Nonsupervisory employees include those individuals in private, service-providing industries who are not above the working-supervisor level. This group includes individuals such as office and clerical workers, repairers, salespersons, operators, drivers, physicians, lawyers, accountants, nurses, social workers, research aides, teachers, drafters, photographers, beauticians, musicians, restaurant workers, custodial workers, attendants, line installers and repairers, laborers, janitors, guards, and other employees at similar occupational levels whose services are closely associated with those of the employees listed.

The series comes from the 'Current Employment Statistics (Establishment Survey).'

The source code is: CES0500000008

Suggested Citation:

U.S. Bureau of Labor Statistics, Average Hourly Earnings of Production and Nonsupervisory Employees, Total Private [AHETPI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/AHETPI, April 18, 2024.

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Thousands of Persons, Seasonally Adjusted

Frequency:  Monthly

Notes:

The civilian noninstitutional population is defined as: persons 16 years of age and older residing in the 50 states and the District of Columbia, who are not inmates of institutions (e.g., penal and mental facilities, homes for the aged), and who are not on active duty in the Armed Forces.

The series comes from the 'Current Population Survey (Household Survey)'

The source code is: LNS12000000

Suggested Citation:

U.S. Bureau of Labor Statistics, Employment Level [CE16OV], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CE16OV, April 18, 2024.

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Compensation of employees (DISCONTINUED)

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Consumer Price Index for All Urban Consumers: All Items in U.S. City Average

Monthly, Not Seasonally Adjusted Semiannual, Not Seasonally Adjusted

Average Hourly Earnings of Production and Nonsupervisory Employees, Total Private

Monthly, Not Seasonally Adjusted

Employment Level

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