Federal Reserve Economic Data

Table Data - Unit Labor Costs for Manufacturing: Iron and Steel Mills and Ferroalloy Production (NAICS 3311) in the United States

Title Unit Labor Costs for Manufacturing: Iron and Steel Mills and Ferroalloy Production (NAICS 3311) in the United States
Series ID IPUEN3311U100000000
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
1987-01-01 122.738
1988-01-01 119.547
1989-01-01 125.093
1990-01-01 127.131
1991-01-01 134.585
1992-01-01 129.648
1993-01-01 124.963
1994-01-01 124.072
1995-01-01 123.373
1996-01-01 118.563
1997-01-01 112.669
1998-01-01 113.532
1999-01-01 107.921
2000-01-01 109.697
2001-01-01 114.415
2002-01-01 102.096
2003-01-01 99.856
2004-01-01 89.076
2005-01-01 88.420
2006-01-01 89.175
2007-01-01 91.376
2008-01-01 93.117
2009-01-01 112.246
2010-01-01 97.737
2011-01-01 100.102
2012-01-01 102.611
2013-01-01 98.512
2014-01-01 98.705
2015-01-01 105.273
2016-01-01 100.916
2017-01-01 100.000
2018-01-01 103.327
2019-01-01 112.531
2020-01-01 109.503
2021-01-01 134.472
2022-01-01 159.216
2023-01-01 164.398

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