Observation:
2021: -16.1 (+ more) Updated: Sep 1, 2023 1:31 PM CDT2021: | -16.1 | |
2020: | 10.5 | |
2019: | 2.5 | |
2018: | -4.7 | |
2017: | -1.2 | |
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Units:
Percent Change from Year Ago,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Bureau of Labor Statistics
Release: Industry Productivity
Units: Percent Change from Year Ago, Not Seasonally Adjusted
Frequency: Annual
Labor share is the proportion of the total dollar cost to produce output of goods and services attributed to use of labor.
U.S. Bureau of Labor Statistics, Labor Share for Manufacturing: Forging and Stamping (NAICS 33211) in the United States [IPUEN33211L031000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN33211L031000000, June 28, 2024.