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Unit Labor Costs for Manufacturing: Steel Product Manufacturing from Purchased Steel (NAICS 3312) in the United States (IPUEN3312U100000000)

Observation:

2023: 153.729 (+ more)   Updated: Apr 26, 2024 9:17 AM CDT
2023:  153.729  
2022:  141.450  
2021:  118.272  
2020:  110.446  
2019:  109.588  
View All

Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Index 2017=100, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Unit labor costs represent the cost of labor required to produce one unit of output. The unit labor cost indexes are computed by dividing an index of nominal industry labor compensation by an index of real industry output.

Suggested Citation:

U.S. Bureau of Labor Statistics, Unit Labor Costs for Manufacturing: Steel Product Manufacturing from Purchased Steel (NAICS 3312) in the United States [IPUEN3312U100000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN3312U100000000, May 19, 2024.

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