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Macro Bullseye
GovBureau of Labor StatisticsQuarterly

Employment Cost Index (ECI)

A quarterly measure of what employers pay in wages, salaries and benefits, holding the mix of jobs constant.

Next release

Friday, October 30, 2026

8:30 AM ET· covers Q3 2026

Your call: will labor costs rise faster or slower than last quarter?

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Why it matters for your money

Because it isn't skewed by shifts between high- and low-paying jobs, Fed officials treat it as one of the cleanest gauges of wage growth.

The latest numbers

Headline figures and a chart will appear here the moment the Bureau of Labor Statistics publishes. Until that feed is connected, the full release is on the publisher’s site.

Read the latest release (BLS)

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