Observation:
2023: 1.4 (+ more) Updated: Aug 29, 2024 10:33 AM CDT2023: | 1.4 | |
2022: | 1.7 | |
2021: | 24.1 | |
2020: | -3.2 | |
2019: | -9.3 | |
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Units:
Percent Change from Year Ago,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Bureau of Labor Statistics
Release: Industry Productivity
Units: Percent Change from Year Ago, Not Seasonally Adjusted
Frequency: Annual
Labor productivity describes the efficiency at which labor hours are utilized in producing output of goods and services, measured as output per hour of labor.
U.S. Bureau of Labor Statistics, Labor Productivity for Manufacturing: Other Leather and Allied Product Manufacturing (NAICS 31699) in the United States [IPUEN31699L001000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN31699L001000000, .