Federal Reserve Economic Data: Your trusted data source since 1991
Your trusted data source
since 1991.
NOTES
Source: U.S. Bureau of Labor Statistics
Release: Industry Productivity
Units:
Frequency:
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: Industrial Process Variable Instruments (NAICS 334513) in the United States [IPUEN334513U100000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN334513U100000000, May 20, 2024.
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