Federal Reserve Economic Data

Table Data - Unit Labor Costs for Manufacturing: Pharmaceutical and Medicine Manufacturing (NAICS 3254) in the United States

Title Unit Labor Costs for Manufacturing: Pharmaceutical and Medicine Manufacturing (NAICS 3254) in the United States
Series ID IPUEN3254U100000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2017=100
Date Range 1987-01-01 to 2023-01-01
Last Updated 2024-08-29 10:28 AM CDT
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.
DATE VALUE
1987-01-01 31.144
1988-01-01 32.185
1989-01-01 36.258
1990-01-01 37.649
1991-01-01 37.929
1992-01-01 37.999
1993-01-01 41.014
1994-01-01 41.115
1995-01-01 42.967
1996-01-01 42.864
1997-01-01 42.095
1998-01-01 46.661
1999-01-01 47.031
2000-01-01 46.289
2001-01-01 44.440
2002-01-01 43.076
2003-01-01 43.740
2004-01-01 46.111
2005-01-01 47.923
2006-01-01 50.569
2007-01-01 59.144
2008-01-01 61.468
2009-01-01 66.952
2010-01-01 70.164
2011-01-01 69.179
2012-01-01 84.791
2013-01-01 80.655
2014-01-01 79.147
2015-01-01 85.063
2016-01-01 90.626
2017-01-01 100.000
2018-01-01 102.429
2019-01-01 101.912
2020-01-01 110.363
2021-01-01 111.566
2022-01-01 117.858
2023-01-01 119.051

Subscribe to the FRED newsletter


Follow us

Back to Top