Federal Reserve Economic Data: Your trusted data source since 1991

Manufacturing, Nondurable Goods Sector: Labor Share for All Workers (PRS32006172)

Observation:

2021: -14.6 (+ more)   Updated: May 2, 2024 7:36 AM CDT
2021:  -14.6  
2020:  13.0  
2019:  6.0  
2018:  -4.2  
2017:  -1.5  
View All

Units:

Percent Change at Annual Rate,
Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Productivity and Costs  

Units:  Percent Change at Annual Rate, Seasonally Adjusted

Frequency:  Annual

Notes:

Labor's share in current dollar output in a given sector is simply the ratio of labor compensation paid in that sector to current dollar output.

For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf

Source Indicator PRS32006172

Suggested Citation:

U.S. Bureau of Labor Statistics, Manufacturing, Nondurable Goods Sector: Labor Share for All Workers [PRS32006172], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS32006172, May 15, 2024.

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