US Unit Labor Costs: Manufacturing YoY (I:USCUGGK9)
3.20% for 2024
Level Chart
Basic Info
|
US Unit Labor Costs: Manufacturing YoY is at 3.20%, compared to 5.10% last year. This is higher than the long term average of 1.23%. |
| Report | Labor Productivity and Costs |
| Categories | Employment , Hours and Wages |
| Region | United States |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 3.20% |
| Latest Period | 2024 |
| Last Updated | Jun 5 2025, 08:37 EDT |
| Next Release | Jan 8 2026, 08:30 EST |
| Long Term Average | 1.23% |
| Average Growth Rate | -100.9% |
| Value from 1 Year Ago | 5.10% |
| Change from 1 Year Ago | -37.25% |
| Frequency | Yearly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted Annual Rate |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| December 31, 2024 | 3.20% |
| December 31, 2023 | 5.10% |
| December 31, 2022 | 4.60% |
| December 31, 2021 | 0.90% |
| December 31, 2020 | 6.70% |
| December 31, 2019 | 4.90% |
| December 31, 2018 | 2.20% |
| December 31, 2017 | 4.00% |
| December 31, 2016 | 0.80% |
| December 31, 2015 | 4.60% |
| December 31, 2014 | 2.90% |
| December 31, 2013 | -0.80% |
| December 31, 2012 | 2.90% |
| December 31, 2011 | 0.90% |
| December 31, 2010 | -5.40% |
| December 31, 2009 | 2.70% |
| December 31, 2008 | 3.40% |
| December 31, 2007 | -0.70% |
| December 31, 2006 | 1.40% |
| Date | Value |
|---|---|
| December 31, 2005 | -1.20% |
| December 31, 2004 | 0.60% |
| December 31, 2003 | -1.00% |
| December 31, 2002 | -5.00% |
| December 31, 2001 | 1.10% |
| December 31, 2000 | 2.90% |
| December 31, 1999 | -0.20% |
| December 31, 1998 | 1.00% |
| December 31, 1997 | -2.90% |
| December 31, 1996 | -1.20% |
| December 31, 1995 | -1.00% |
| December 31, 1994 | -1.10% |
| December 31, 1993 | -1.00% |
| December 31, 1992 | -0.30% |
| December 31, 1991 | 2.80% |
| December 31, 1990 | 1.90% |
| December 31, 1989 | 3.00% |
| December 31, 1988 | 2.90% |
News
Headline
Time (ET)
12/23 08:40
No Time for Complacency in Canada After Better Labor Productivity From Revisions, Says National Bank
12/04 12:19
12/03 08:43
12/03 07:21
Basic Info
|
US Unit Labor Costs: Manufacturing YoY is at 3.20%, compared to 5.10% last year. This is higher than the long term average of 1.23%. |
| Report | Labor Productivity and Costs |
| Categories | Employment , Hours and Wages |
| Region | United States |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 3.20% |
| Latest Period | 2024 |
| Last Updated | Jun 5 2025, 08:37 EDT |
| Next Release | Jan 8 2026, 08:30 EST |
| Long Term Average | 1.23% |
| Average Growth Rate | -100.9% |
| Value from 1 Year Ago | 5.10% |
| Change from 1 Year Ago | -37.25% |
| Frequency | Yearly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted Annual Rate |
| Download Source File | Upgrade |