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Unit Labor Costs for Retail Trade: Supermarkets and Other Grocery (Except Convenience) Stores (NAICS 445110) in the United States (IPUHN445110U100000000)

Observation:

2023: 121.032 (+ more)   Updated: May 31, 2024 2:55 PM CDT
2023:  121.032  
2022:  114.175  
2021:  105.684  
2020:  104.729  
2019:  100.167  
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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 Retail Trade: Supermarkets and Other Grocery (Except Convenience) Stores (NAICS 445110) in the United States [IPUHN445110U100000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUHN445110U100000000, July 9, 2024.

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