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Unit Labor Costs for Private Nonfarm in New Mexico (IPUZNU100350000)

Observation:

2022: 118.380 (+ more)   Updated: Apr 26, 2024 9:11 AM CDT
2022:  118.380  
2021:  107.773  
2020:  102.349  
2019:  100.519  
2018:  102.349  
View All

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 Private Nonfarm in New Mexico [IPUZNU100350000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUZNU100350000, May 1, 2024.

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