Legend
- High Impact Expected
- Med Impact Expected
- Low Impact Expected
- Non-Economic
Revision
- Green NumberBetter than forecast -or- revised better
- Red NumberWorse than forecast -or- revised worse
- m/mMonth Over Month
- q/qQuarter Over Quarter
- y/yYear Over Year
- K Thousand
- M Million
- B Billion
- T Trillion
US Employment Cost Index q/q
It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer;
- US Employment Cost Index q/q Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Apr 30, 2026 | 0.9% | 0.8% | 0.7% |
| Feb 10, 2026 | 0.7% | 0.8% | 0.8% |
| Dec 10, 2025 | 0.8% | 0.9% | 0.9% |
| Jul 31, 2025 | 0.9% | 0.8% | 0.9% |
| Apr 30, 2025 | 0.9% | 0.9% | 0.9% |
| Jan 31, 2025 | 0.9% | 0.9% | 0.8% |
| Oct 31, 2024 | 0.8% | 0.9% | 0.9% |
| Jul 31, 2024 | 0.9% | 1.0% | 1.2% |
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- US Employment Cost Index q/q News
From economics.bmo.com|Apr 30, 2026Personal spending jumped 0.9% in March, right in line with the consensus forecast. More encouraging for consumer spending in the second quarter was the improvement in personal income growth to a better than expected 0.6% gain last month. Inflation readings heated up as expected with PCE and core PCE prices rising 0.7% and 0.3%, respectively, in line with our forecasts. Real personal spending, after adjusting for inflation, increased 0.2% in March, a slight moderation from February’s 0.3% gain but a solid showing, nevertheless. Goods ...
From bls.gov|Apr 30, 2026Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in March 2026, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 0.8 percent and benefit costs increased 1.2 percent from December 2025. (See tables A, 1, 2, and 3.) Compensation costs for civilian workers increased 3.4 percent, not seasonally adjusted, for the 12-month period ending in March 2026. Wages and salaries increased 3.4 percent and benefit costs increased 3.6 percent over the ...
From bls.gov|Dec 10, 2025|5 commentsCompensation costs for civilian workers increased 0.8 percent, seasonally adjusted, for the 3-month period ending in September 2025, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 0.8 percent and benefit costs increased 0.8 percent from June 2025. (See tables A, 1, 2, and 3.) Compensation costs for civilian workers increased 3.5 percent, not seasonally adjusted, for the 12-month period ending in September 2025. Wages and salaries increased 3.5 percent and benefit costs increased 3.5 percent over the ...
- From bls.gov|Jul 31, 2025|8 comments
Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in June 2025, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 1.0 percent and benefit costs increased 0.7 percent from March 2025. (See tables A, 1, 2, and 3.) Compensation costs for civilian workers increased 3.6 percent for the 12-month period ending in June 2025. Wages and salaries increased 3.6 percent for the 12-month period ending in June 2025. Benefit costs increased 3.5 percent for ...
- From bls.gov|Apr 30, 2025
Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in March 2025, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 0.8 percent and benefit costs increased 1.2 percent from December 2024. (See tables A, 1, 2, and 3.) Compensation costs for civilian workers increased 3.6 percent for the 12-month period ending in March 2025 and increased 4.2 percent in March 2024. Wages and salaries increased 3.5 percent for the 12-month period ending in March ...
From think.ing.com|Jan 31, 2025|2 commentsToday’s US data suggests that inflation remains on the path towards 2%, but with huge uncertainty over regulatory, tariff, fiscal and immigration policy the central bank can’t leave anything to chance and will be keeping monetary policy unchanged until June, we believe. The Federal Reserve's favoured inflation measure – the core personal consumer expenditure price deflator – rose 0.2%MoM/2.8%YoY in December as consensus predicted, but the good news is that to 3 decimal places it is 0.159% so below the 0.17% month-on-month we need to ...
- From bls.gov|Jan 31, 2025
Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in December 2024, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 0.9 percent and benefit costs increased 0.8 percent from September 2024. (See tables A, 1, 2, and 3.) Compensation costs for civilian workers increased 3.8 percent for the 12-month period ending in December 2024 and increased 4.2 percent in December 2023. Wages and salaries increased 3.8 percent for the 12-month period ...
From zerohedge.com|Oct 31, 2024The market drifted lower on a combination of 1) disappointing tech prints (MSFT -6% & META -4%), 2) Poor liquidity (according to Goldman Sachs trading desk), and 3) Core PCE posting its biggest monthly gain since April. Not exactly 'goldilocks'!! Inflation surprises are picking up post rate-cut... chart ...bolstering the case for a slower pace of rate cuts... charts Goldman's trading desk noted that market volumes continue to be strong, +14% vs the 20dma, although S&P top of book poor compared to the start of the week. We are ...
| Released on Apr 30, 2026 |
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| Released on Dec 10, 2025 |
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| Released on Jul 31, 2025 |
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| Released on Apr 30, 2025 |
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| Released on Jan 31, 2025 |
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| Released on Oct 31, 2024 |
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- Details