2017 Economic Calendar
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Employment Cost Index  
Released On 4/28/2017 8:30:00 AM For Q1:17
PriorConsensusConsensus Range
ECI - Q/Q change0.5 %0.6 %0.5 % to 0.8 %
ECI - Y/Y change2.2 %

Recent History Of This Indicator
Benefit costs have been slowing as has the employment cost index which posted a moderate 0.5 percent quarterly gain and a year-on-year increase of only 2.2 percent, fourth-quarter results consistent with lack of wage traction in the labor market. Forecasters are calling for slightly more strength in the first quarter with the Econoday consensus at 0.6 percent.

Definition
A measure of total employee compensation costs, including wages and salaries as well as benefits. The employment cost index (ECI) is the broadest measure of labor costs.  Why Investors Care
 
[Chart]
The employment cost index measured total compensation costs which include wages and salaries and also benefits. Benefits include vacations, but the primary mover is health insurance premiums.
Data Source: Haver Analytics
 
 

2017 Release Schedule
Released On: 1/314/287/2810/31
Release For: Q4:16Q1:17Q2:17Q3:17
 


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