Federal Reserve Economic Data

Table Data - Unit Labor Costs for Manufacturing: Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing (NAICS 3327) in the United States

Title Unit Labor Costs for Manufacturing: Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing (NAICS 3327) in the United States
Series ID IPUEN3327U100000000
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 10:31 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 67.677
1988-01-01 65.972
1989-01-01 71.832
1990-01-01 75.109
1991-01-01 77.151
1992-01-01 78.065
1993-01-01 78.119
1994-01-01 75.627
1995-01-01 76.479
1996-01-01 77.289
1997-01-01 79.459
1998-01-01 81.035
1999-01-01 79.595
2000-01-01 78.861
2001-01-01 81.918
2002-01-01 78.324
2003-01-01 78.340
2004-01-01 77.447
2005-01-01 77.824
2006-01-01 80.328
2007-01-01 85.803
2008-01-01 87.545
2009-01-01 95.905
2010-01-01 90.188
2011-01-01 88.690
2012-01-01 92.387
2013-01-01 93.278
2014-01-01 93.775
2015-01-01 98.004
2016-01-01 100.328
2017-01-01 100.000
2018-01-01 97.010
2019-01-01 102.833
2020-01-01 112.776
2021-01-01 106.309
2022-01-01 110.982
2023-01-01 117.956

Subscribe to the FRED newsletter


Follow us

Back to Top