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% |
-
- 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 Februarys 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 wellsfargo.bluematrix.com|Feb 10, 2026The Employment Cost Index came in a bit softer than expected in Q4 and points to the labor market continuing to gradually cool. Relative to a year ago, compensation costs were up 3.4%, the slowest pace of growth since early 2021. Although wages & salaries have led the slowdown, benefit costs have also cooled, with health benefits being a notable exception. Overall, compensation growth has settled to a pace that supports real income gains for workers without adding meaningful pressure to inflation, particularly when considering the ...
- From bls.gov|Feb 10, 2026|1 comment
Compensation costs for civilian workers increased 0.7 percent, seasonally adjusted, for the 3-month period ending in December 2025, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 0.7 percent and benefit costs increased 0.7 percent from September 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 December 2025. Wages and salaries increased 3.3 percent and benefit costs increased 3.4 percent over ...
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 wellsfargo.bluematrix.com|Apr 30, 2025The first quarter's employment cost index reflected the ongoing softening in the labor market. Labor costs advanced 0.9% in Q1, bringing the year-over-rate down to nearly a four-year low of 3.6%. While concern about inflation has picked up amid dramatic changes to trade policy, inflationary pressures from the labor market continue to subside. chart Labor compensation growth continues to moderate. The employment cost index (ECI), the Federal Reserve's preferred measure of employment costs, rose 0.9% in the first quarter, in-line ...
- 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 ...
| Released on Apr 30, 2026 |
|---|
| Released on Feb 10, 2026 |
|---|
| Released on Dec 10, 2025 |
|---|
| Released on Jul 31, 2025 |
|---|
| Released on Apr 30, 2025 |
|---|
- Details