Federal Reserve Economic Data

FRED Economic Data, St. Louis FED

Labor Productivity for Mining: Oil and Gas Extraction (NAICS 2111) in the United States (IPUBN2111L001000000)

Observation:

2023: 5.8 (+ more)   Updated: Apr 26, 2024 9:10 AM CDT
2023:  5.8  
2022:  -6.2  
2021:  16.2  
2020:  10.9  
2019:  7.0  
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Units:

Percent Change from Year Ago,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Percent Change from Year Ago, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Labor productivity describes the efficiency at which labor hours are utilized in producing output of goods and services, measured as output per hour of labor.

Suggested Citation:

U.S. Bureau of Labor Statistics, Labor Productivity for Mining: Oil and Gas Extraction (NAICS 2111) in the United States [IPUBN2111L001000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUBN2111L001000000, .

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Index 2017=100, Annual, Not Seasonally Adjusted

Related Categories

Mining Productivity & Costs Population, Employment, & Labor Markets

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Tags

Extraction Productivity Industry Productivity Oil North American Industry Classification System Mining Gas Labor Bureau of Labor Statistics Annual Nation Public Domain: Citation Requested Not Seasonally Adjusted United States of America

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