US Real Hourly Compensation
US Real Hourly Compensation is real compensation for one hour of labour, reported as Index 2017=100.
109.20
Index 2017=100
US Real Hourly Compensation — latest reading: 109.20. As of April 2026, it is up 3.8% over the past 12 months, above its 10-year average. Source: COMPRNFB, US Bureau of Labor Statistics, published quarterly. Reported as published, without transformation; the publisher may revise it. Higher than all but 11 of 318 readings since 1947-01-01. Last at or above this level on 2026-01-01.
Min
34.39
Max
112.56
Average
74.26
10Y Percentile
73%
3M Change
-0.9%
US Real Hourly Compensation (COMPRNFB) — 318 observations from 1947-01-01 to 2026-04-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.
How these numbers changed
Every figure above is the current one. These are the same periods as first published — what US Real Hourly Compensation said on the day, before it was restated. Measured in Index 2017=100.
| Period | First print | Now | Change | Republished |
|---|---|---|---|---|
| Apr 2026 | 109.236 | 109.198 | -0.038 | 1× |
| Jan 2026 | 111.024 | 110.109 | -0.915 | 2× |
| Oct 2025 | 110.159 | 110.486 | +0.327 | 3× |
| Jul 2025 | 108.457 | 110.158 | +1.701 | 3× |
| Apr 2025 | 109.115 | 109.337 | +0.222 | 4× |
| Jan 2025 | 107.97 | 109.465 | +1.495 | 5× |
| Oct 2024 | 107.65 | 108.781 | +1.131 | 6× |
| Jul 2024 | 108.637 | 108.48 | -0.157 | 7× |
| Apr 2024 | 105.77 | 107.558 | +1.788 | 8× |
| Jan 2024 | 106.606 | 107.023 | +0.417 | 8× |
| Oct 2023 | 105.981 | 106.488 | +0.507 | 9× |
| Jul 2023 | 105.943 | 105.896 | -0.047 | 10× |
US Real Hourly Compensation for April 2026 first printed at 109.236 on August 6, 2026, was revised once, and now reads down to 109.198. Recompute any row from FRED's own vintage archive.
Macro Regime Context
The growth regime is currently late cycle (71% confidence).
See what this means across all four regime dimensions →3-Month
-0.9%
6-Month
+0.4%
12-Month
+3.8%
What this means
US Real Hourly Compensation is currently at 109.20 , which is above its 10-year historical average. The trend is stable (-0.9% over the past 3 months).
Over the past 6 months the change is +0.4%, and over 12 months it is +3.8%. The short-term pace is consistent with the longer trend.
Cite this page
MacroRadar, "US Real Hourly Compensation," https://www.macroradar.io/us-real-hourly-compensation (as of April 2026).