Federal Reserve Economic Data

Labor Productivity for Finance and Insurance: Commercial Banking (NAICS 522110) in the United States (IPUKN522110L001000000)

Observation:

2023: 5.8 (+ more)   Updated: Jun 27, 2024 9:37 AM CDT
2023:  5.8  
2022:  -7.2  
2021:  11.2  
2020:  -4.1  
2019:  0.6  
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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 Finance and Insurance: Commercial Banking (NAICS 522110) in the United States [IPUKN522110L001000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUKN522110L001000000, .

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