Federal Reserve Economic Data

Unit Labor Costs for Manufacturing: Petroleum Refineries (NAICS 32411) in the United States (IPUEN32411U101000000)

Observation:

2021: -12.8 (+ more)   Updated: Mar 6, 2023 12:18 PM CST
2021:  -12.8  
2020:  20.2  
2019:  -0.1  
2018:  -0.2  
2017:  4.4  
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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:

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: Petroleum Refineries (NAICS 32411) in the United States [IPUEN32411U101000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN32411U101000000, .

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