Federal Reserve Economic Data

Unit Labor Costs for Manufacturing: Pharmaceutical and Medicine Manufacturing (NAICS 32541) in the United States (IPUEN32541U100000000)

Observations

2024: 150.902
Updated: Apr 24, 2025 3:23 PM CDT
Next Release Date: Not Available
2024:  150.902  
2023:  144.121  
2022:  141.167  
2021:  111.531  
2020:  110.331  
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Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual

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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: Pharmaceutical and Medicine Manufacturing (NAICS 32541) in the United States [IPUEN32541U100000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN32541U100000000, .

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Percent Change from Year Ago, Annual, Not Seasonally Adjusted

Related Categories

Manufacturing Productivity & Costs Population, Employment, & Labor Markets

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Tags

Medicines Pharmaceuticals Unit Labor Cost Industry Productivity North American Industry Classification System Industrial Production Manufacturing Bureau of Labor Statistics Annual Nation Public Domain: Citation Requested Not Seasonally Adjusted United States of America

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