Federal Reserve Economic Data

Table Data - Unit Labor Costs for Accommodation and Food Services: Food Services and Drinking Places (NAICS 722) in the United States

Title Unit Labor Costs for Accommodation and Food Services: Food Services and Drinking Places (NAICS 722) in the United States
Series ID IPUTN722U100000000
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 2024-06-27 9:36 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 40.898
1988-01-01 41.754
1989-01-01 43.991
1990-01-01 45.411
1991-01-01 47.840
1992-01-01 50.195
1993-01-01 50.310
1994-01-01 51.419
1995-01-01 54.260
1996-01-01 55.728
1997-01-01 58.044
1998-01-01 60.522
1999-01-01 63.131
2000-01-01 64.032
2001-01-01 65.712
2002-01-01 67.374
2003-01-01 67.361
2004-01-01 68.832
2005-01-01 70.087
2006-01-01 72.731
2007-01-01 76.510
2008-01-01 80.326
2009-01-01 82.566
2010-01-01 83.670
2011-01-01 84.789
2012-01-01 88.111
2013-01-01 89.717
2014-01-01 90.621
2015-01-01 93.014
2016-01-01 96.516
2017-01-01 100.000
2018-01-01 101.242
2019-01-01 102.442
2020-01-01 101.250
2021-01-01 103.193
2022-01-01 111.241
2023-01-01 116.458

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