Federal Reserve Economic Data

Table Data - Unit Labor Costs for Manufacturing: Industrial Machinery (NAICS 33324) in the United States

Title Unit Labor Costs for Manufacturing: Industrial Machinery (NAICS 33324) in the United States
Series ID IPUEN33324U100000000
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 67.999
1988-01-01 66.695
1989-01-01 67.537
1990-01-01 71.931
1991-01-01 75.825
1992-01-01 79.546
1993-01-01 77.484
1994-01-01 75.397
1995-01-01 71.340
1996-01-01 70.703
1997-01-01 72.464
1998-01-01 77.929
1999-01-01 76.616
2000-01-01 67.596
2001-01-01 88.348
2002-01-01 77.627
2003-01-01 79.563
2004-01-01 71.214
2005-01-01 74.149
2006-01-01 71.899
2007-01-01 75.181
2008-01-01 83.820
2009-01-01 100.798
2010-01-01 81.043
2011-01-01 76.919
2012-01-01 81.548
2013-01-01 83.362
2014-01-01 85.199
2015-01-01 91.704
2016-01-01 92.973
2017-01-01 100.000
2018-01-01 101.325
2019-01-01 104.211
2020-01-01 105.982
2021-01-01 111.334
2022-01-01 117.486
2023-01-01 128.363

Subscribe to the FRED newsletter


Follow us

Back to Top