Skip to main content

Download Release Dates for Release: Federal Reserve Board of Governors Labor Market Conditions Index

Name Release Dates
Federal Reserve Board of Governors Labor Market Conditions Index 2014-10-06 2017-07-10
 
Link    
http://www.federalreserve.gov/econresdata/notes/feds-notes/2014/updating-the-labor-market-conditions-index-20141001.html 2014-10-06 2017-07-10
 
Source    
Board of Governors of the Federal Reserve System (US) 2014-10-06 2017-07-10
 
Notes    
The LMCI is derived from a dynamic factor model that extracts the primary common variation from 19 labor market indicators.

2014-10-06 2017-07-06
As of August 3, 2017, updates of the labor market conditions index (LMCI) have been discontinued; the July 7, 2017 vintage is the final estimate from this model. We decided to stop updating the LMCI because we believe it no longer provides a good summary of changes in U.S. labor market conditions. Specifically, model estimates turned out to be more sensitive to the detrending procedure than we had expected, the measurement of some indicators in recent years has changed in ways that significantly degraded their signal content, and including average hourly earnings as an indicator did not provide a meaningful link between labor market conditions and wage growth.

The LMCI is derived from a dynamic factor model that extracts the primary common variation from 19 labor market indicators.

2017-07-07 2017-07-10

File Name Format
release_dates_337.xlsx Excel
release_dates_337.txt Text

Release Dates Notes:

Release dates are determined by the following process:

When available, the actual release date as provided by the source is entered into the ALFRED database. If a release date is not available from the source, the release date given by our data providers is used. If a release date cannot be determined either from the source or from our data providers, the date that the series was first available in the St. Louis Fed's FRED database is used.

The release date list contains the dates when any series from this release was revised. Note that all series from a release do not necessarily revise on every release date.