2017 Economic Calendar
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Employment Cost Index  
Released On 7/28/2017 8:30:00 AM For Q2:17
PriorConsensusConsensus Range
ECI - Q/Q change0.8 %0.6 %0.5 % to 1.0 %
ECI - Y/Y change2.4 %

Recent History Of This Indicator
Wage growth has been subdued this year but not employer costs which, in a gain last seen in 2007, jumped 0.8 percent in the first quarter. The Econoday consensus is calling for slowing to 0.6 percent in the second quarter.

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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