Federal Reserve Economic Data: Your trusted data source since 1991

Unit Labor Costs for Private Nonfarm in Tennessee (IPUZNU100470000)

Observation:

2023: 118.672 (+ more)   Updated: May 31, 2024 2:54 PM CDT
2023:  118.672  
2022:  116.445  
2021:  110.622  
2020:  108.830  
2019:  104.607  
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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 Private Nonfarm in Tennessee [IPUZNU100470000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUZNU100470000, .

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