Federal Reserve Economic Data

Unit Labor Costs for Manufacturing: Veneer, Plywood, and Engineered Wood Product Manufacturing (NAICS 32121) in the United States (IPUEN32121U100000000)

Observation:

2023: 169.422 (+ more)   Updated: Aug 29, 2024 10:33 AM CDT
2023:  169.422  
2022:  159.350  
2021:  136.987  
2020:  120.927  
2019:  109.039  
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Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Index 2017=100, Not Seasonally Adjusted

Frequency:  Annual

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.

Suggested Citation:

U.S. Bureau of Labor Statistics, Unit Labor Costs for Manufacturing: Veneer, Plywood, and Engineered Wood Product Manufacturing (NAICS 32121) in the United States [IPUEN32121U100000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN32121U100000000, .

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