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Unit Labor Costs for Manufacturing: Pharmaceutical and Medicine Manufacturing (NAICS 3254) in the United States (IPUEN3254U100000000)

Observation:

2022: 145.704 (+ more)   Updated: Apr 28, 2023
2022:  145.704  
2021:  134.558  
2020:  133.090  
2019:  122.722  
2018:  123.357  
View All

Units:

Index 2012=100,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Index 2012=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 3254) in the United States [IPUEN3254U100000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN3254U100000000, March 3, 2024.

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