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Public source dossierPublic datasetFederal Reserve Bank of St. Louis

FRED-hosted BLS labor share, productivity, and real compensation indexes

Quarterly seasonally adjusted 2017=100 indexes originating with the U.S. Bureau of Labor Statistics and retrieved through FRED for labor share, labor productivity, and real hourly compensation across business, nonfarm business, and nonfinancial corporations from first quarter 1947 through the second-quarter 2026 release horizon; the lagged nonfinancial-corporation cells remain explicit.

This dossier follows one source through the observatory without widening its stated scope.

Evidence topology

Where this source enters the observatory

0/7 direct domains · 2,938 normalized indicators · 0 markets · 1947-2026
Data
Encoded row volume · log scaleExact counts shown
No confidence-rated rows
7 explicit zero states · Indicator registry only
  • Record identityfred-bls-labor-share-productivity-2026-q2Federal Reserve Bank of St. Louis, 2026
  • Source classPublic datasetAccessed Aug 13, 2026
  • Encoded scope1 active route0 direct / 2,938 indicator rows
  • Permitted inferenceTrace + reproduceNo automatic endorsement or comparability

Evidence topology

Where this record enters the observatory

1 active routes / 7 not encoded

A zero means this source has no encoded row in that evidence domain. It is a boundary in the current observatory release, not a claim that the underlying institution publishes no relevant evidence. Indicator observations are shown as a separate normalized route and are not added to direct-domain totals.

Market context

Markets reached by this source

0 linked contexts

No market profile link encoded

No definition, measurement, policy record, or cited report currently connects this source to a market profile.

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Measurement releases

Definitions, observations, and participant rows

0 encoded rows

No market measurement rows encoded

This source currently contributes through policy chronology, report citation, or industry evidence rather than market definitions, observations, or participant shares.

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Official record chronology

Policy records backed by this source

0 official records

No official policy record encoded

This source is not currently attached to an enforcement, inquiry, remedy, settlement, or agency-report event in the public chronology.

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Research reuse

Public reports citing this record

0 citations

No observatory report citation encoded

No published Antitrust Radar report currently lists this record in its source basis. The source may still support measurement, policy, or industry data.

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Industry observatory

NAICS concentration evidence

0 industry rows

No NAICS industry rows encoded

This source does not back the Census national industry-concentration tables in the current release. Its other evidence-domain counts remain independently inspectable.

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Labor share and productivity observatory

Long-run BLS worker-share and production context

1947-Q1-2026-Q2
Aggregate scopes3
Measure series9
Quarters318
Panel cells2,862
Preliminary6
Explicit gaps3
Labor share / index, 2017=100Productivity / index, 2017=100Real compensation / index, 2017=100

Labor share, labor productivity, and real hourly compensation describe broad national production and compensation accounts. They do not measure corporate profits, markups, market concentration, employer power, bargaining power, a legal antitrust market, distribution within the worker population, or the competitive cause of a change.

The three BLS measures share a seasonally adjusted 2017=100 reference but retain different economic meanings. Labor share is compensation relative to current-dollar output, labor productivity is real output per hour, and real hourly compensation uses a consumer-price deflator. Index-point differences are descriptive reference gaps, not percentage-point labor shares, profit shares, welfare measures, or causal estimates. Do not average the measures or sectors into a composite score.

Citation custody

The record behind the rows

U.S. Bureau of Labor Statistics, Productivity and Costs series, retrieved through Federal Reserve Bank of St. Louis FRED, quarterly indexes, 2017=100, accessed August 13 2026.

Quarterly seasonally adjusted 2017=100 indexes originating with the U.S. Bureau of Labor Statistics and retrieved through FRED for labor share, labor productivity, and real hourly compensation across business, nonfarm business, and nonfinancial corporations from first quarter 1947 through the second-quarter 2026 release horizon; the lagged nonfinancial-corporation cells remain explicit.

Canonical source citation

U.S. Bureau of Labor Statistics, Productivity and Costs series, retrieved through Federal Reserve Bank of St. Louis FRED, quarterly indexes, 2017=100, accessed August 13 2026. Available at https://fred.stlouisfed.org/categories/32216. Accessed Aug 13, 2026. Antitrust Radar source record fred-bls-labor-share-productivity-2026-q2: https://antitrustradar.org/sources/fred-bls-labor-share-productivity-2026-q2

BibTeXRIS

Publisher
Federal Reserve Bank of St. Louis
Access date
Aug 13, 2026
License note
Public Federal Reserve data service carrying BLS source series
Archive
No archive URL recorded

Source-scoped data packet

Reusable public endpoints

Data console
1

Source record

Citation, publisher, access, and license

0

Definitions

Product, geography, denominator, and limits

0

Observations

HHI, market size, status, and methodology

0

Participants

Firm shares, rank, aggregate flags, and custody

0

Official records

Dated enforcement and policy chronology

0

Named edges

Exact organization roles in official records

0

Event windows

Bounded pre, event-year, and post HHI context

2,938

Labor-share and productivity cells

Long-run quarterly BLS labor-share, productivity, and real-compensation indexes with derived relationship fields

0

Reports

Published observatory work citing this source

Interpretation boundary

Use the source at its encoded scope

A source dossier documents how this observatory uses one public record. It does not endorse every claim in that record, make unlike measures comparable, or extend the source beyond its stated product, geography, population, and vintage.

Evidence standard