Categories > Population, Employment, & Labor Markets > Productivity & Costs > Manufacturing > Nondurable Goods
Observation:
2020: 13.5 (+ more) Updated: Dec 7, 20222020: | 13.5 | |
2019: | 5.8 | |
2018: | -4.4 | |
2017: | -1.3 | |
2016: | 3.4 | |
View All |
Units:
Percent Change at Annual Rate,Frequency:
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Source: U.S. Bureau of Labor Statistics
Release: Productivity and Costs
Units: Percent Change at Annual Rate, Seasonally Adjusted
Frequency: Annual
Labor's share in current dollar output in a given sector is simply the ratio of labor compensation paid in that sector to current dollar output.
For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf
Source Indicator PRS32006172
U.S. Bureau of Labor Statistics, Manufacturing, Nondurable Goods Sector: Labor Share for All Workers [PRS32006172], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS32006172, March 29, 2023.