Federal Reserve Economic Data

Labor Productivity for Private Nonfarm in Michigan (IPUZNL001260000)

Observation:

2023: 1.1 (+ more)   Updated: May 31, 2024 3:19 PM CDT
2023:  1.1  
2022:  -3.8  
2021:  0.3  
2020:  7.9  
2019:  1.2  
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Units:

Percent Change from Year Ago,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Percent Change from Year Ago, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Labor productivity describes the efficiency at which labor hours are utilized in producing output of goods and services, measured as output per hour of labor.

Suggested Citation:

U.S. Bureau of Labor Statistics, Labor Productivity for Private Nonfarm in Michigan [IPUZNL001260000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUZNL001260000, .

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