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Unit Labor Costs for Manufacturing: Leather and Allied Product Manufacturing (NAICS 316) in the United States (IPUEN316U100000000)

Observation:

2023: 127.899 (+ more)   Updated: Apr 26, 2024 9:18 AM CDT
2023:  127.899  
2022:  123.336  
2021:  111.030  
2020:  115.710  
2019:  108.667  
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: Leather and Allied Product Manufacturing (NAICS 316) in the United States [IPUEN316U100000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN316U100000000, May 7, 2024.

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