Federal Reserve Economic Data

Table Data - Unit Labor Costs for Manufacturing: Fabricated Metal Product Manufacturing (NAICS 332) in the United States

Title Unit Labor Costs for Manufacturing: Fabricated Metal Product Manufacturing (NAICS 332) in the United States
Series ID IPUEN332U100000000
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 60.043
1988-01-01 61.457
1989-01-01 64.354
1990-01-01 67.380
1991-01-01 69.914
1992-01-01 70.419
1993-01-01 69.798
1994-01-01 67.314
1995-01-01 68.719
1996-01-01 69.361
1997-01-01 71.227
1998-01-01 72.327
1999-01-01 72.269
2000-01-01 72.200
2001-01-01 74.660
2002-01-01 73.517
2003-01-01 72.967
2004-01-01 74.144
2005-01-01 73.534
2006-01-01 74.607
2007-01-01 79.491
2008-01-01 82.527
2009-01-01 89.668
2010-01-01 86.006
2011-01-01 85.219
2012-01-01 89.085
2013-01-01 90.229
2014-01-01 90.797
2015-01-01 94.999
2016-01-01 97.196
2017-01-01 100.000
2018-01-01 99.498
2019-01-01 102.926
2020-01-01 108.156
2021-01-01 108.538
2022-01-01 115.729
2023-01-01 126.124

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