Unit Labor Costs for Manufacturing: Steel Product Manufacturing from Purchased Steel (NAICS 3312) in the United States (IPUEN3312U100000000)

Observations

2024: 158.798
Updated: Apr 24, 2025 3:30 PM CDT
Next Release Date: Not Available
2024:  158.798  
2023:  148.544  
2022:  140.119  
2021:  118.271  
2020:  110.446  
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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: Steel Product Manufacturing from Purchased Steel (NAICS 3312) in the United States [IPUEN3312U100000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN3312U100000000, .

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Percent Change from Year Ago, Annual, Not Seasonally Adjusted

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Tags

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

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