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Unit Labor Costs for Retail Trade: General Merchandise Stores (NAICS 452) in the United States (IPUHN452U100000000)

Observation:

2023: 109.894 (+ more)  Updated: Dec 2, 2024 2:17 PM CST
2023:  109.894  
2022:  104.217  
2021:  103.404  
2020:  100.319  
2019:  98.747  

Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual
1Y | 5Y | 10Y | Max
to
Date:
  EDIT BAR 1
(a) Unit Labor Costs for Retail Trade: General Merchandise Stores (NAICS 452) in the United States, Index 2017=100, Not Seasonally Adjusted (IPUHN452U100000000)
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.

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    For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

    Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

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      EDIT BAR 2
    (a) Unit Labor Costs for Retail Trade: General Merchandise Stores (NAICS 452) in the United States, Index 2017=100, Not Seasonally Adjusted (IPUHN452U100000000)
    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.

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD

    to

    Write a custom formula to transform one or more series or combine two or more series.

    You can begin by adding a series to combine with your existing series.

    Select...

      Now create a custom formula to combine or transform the series.
      Need help? []

      For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

      Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

      Finally, you can change the units of your new series.

      Select a date that will equal 100 for your custom index:
          Enter date as YYYY-MM-DD

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       BAR 1: Unit Labor Costs for Retail Trade: General Merchandise Stores (NAICS 452) in the United States Vintage: 2024-05-30
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       BAR 2: Unit Labor Costs for Retail Trade: General Merchandise Stores (NAICS 452) in the United States Vintage: 2024-11-27
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      NOTES

      Title Release Dates
      Unit Labor Costs for Retail Trade: General Merchandise Stores (NAICS 452) in the United States 2021-05-27 2024-11-27
       
      Source    
      U.S. Bureau of Labor Statistics 2021-05-27 2024-11-27
       
      Release    
      Industry Productivity 2021-05-27 2024-11-27
       
      Units    
      Index 2007=100 2021-05-27 2022-01-26
      Index 2012=100 2022-01-27 2024-04-24
      Index 2017=100 2024-04-25 2024-11-27
       
      Frequency    
      Annual 2021-05-27 2024-11-27
       
      Seasonal Adjustment    
      Not Seasonally Adjusted 2021-05-27 2024-11-27
       
      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.

      		2021-05-27 2024-11-27

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      Merchandise General Unit Labor Cost Industry Productivity North American Industry Classification System Retail Trade Sales Retail Bureau of Labor Statistics Annual Nation Public Domain: Citation Requested Not Seasonally Adjusted United States of America