Federal Reserve Economic Data

FRED Economic Data, St. Louis FED

Unit Labor Costs for Manufacturing: Pharmaceutical and Medicine Manufacturing (NAICS 3254) in the United States (IPUEN3254U100000000)

Observation:

2023: 119.051 (+ more)   Updated: Aug 29, 2024 10:28 AM CDT
2023:  119.051  
2022:  117.858  
2021:  111.566  
2020:  110.363  
2019:  101.912  
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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: Pharmaceutical and Medicine Manufacturing (NAICS 3254) in the United States [IPUEN3254U100000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN3254U100000000, .

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Percent Change from Year Ago, Annual, Not Seasonally Adjusted

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Manufacturing Productivity & Costs Population, Employment, & Labor Markets

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More Series from Industry Productivity

Tags

Medicines Pharmaceuticals Unit Labor Cost Industry Productivity North American Industry Classification System Industrial Production Manufacturing Bureau of Labor Statistics Annual Nation Public Domain: Citation Requested Not Seasonally Adjusted United States of America

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