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Unit Labor Costs for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States (IPUIN48412U101000000)

Observations

2023: 2.9
Updated: Dec 2, 2024 2:15 PM CST
2023:  2.9  
2022:  14.9  
2021:  8.4  
2020:  -4.5  
2019:  5.3  

Units:

Percent Change from Year Ago,
Not Seasonally Adjusted

Frequency:

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Date:
Bar 1 - Unit Labor Costs for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States Vintage: 2024-06-27
Bar 1
(a) Unit Labor Costs for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States, Percent Change from Year Ago, Not Seasonally Adjusted (IPUIN48412U101000000)
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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  Enter date as YYYY-MM-DD
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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.

    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

    Bar 1 - Unit Labor Costs for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States Vintage: 2024-06-27
    Bar 2
    (a) Unit Labor Costs for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States, Percent Change from Year Ago, Not Seasonally Adjusted (IPUIN48412U101000000)
    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.

    Type keywords to search for data

      Now create a custom formula to combine or transform the series.

      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 Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States Vintage: 2024-06-27
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      Bar 2
      Unit Labor Costs for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States Vintage: 2024-11-27
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      Notes

      Title Release Dates
      Unit Labor Costs for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) 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    
      Percent Change from Year Ago 2021-05-27 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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      General Unit Labor Cost Freight Warehousing Trucks Industry Productivity North American Industry Classification System Transportation Bureau of Labor Statistics Annual Nation Public Domain: Citation Requested Not Seasonally Adjusted United States of America

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