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Manufacturing, Nondurable Goods Sector: Labor Share for All Workers (PRS32006172)

Observations

2021: -14.7
Updated: Dec 10, 2024 7:36 AM CST
2021:  -14.7  
2020:  14.1  
2019:  6.2  
2018:  -4.2  
2017:  -1.7  

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Percent Change at Annual Rate,
Seasonally Adjusted

Frequency:

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Bar 1 - Manufacturing, Nondurable Goods Sector: Labor Share for All Workers Vintage: 2024-11-07
Bar 1
(a) Manufacturing, Nondurable Goods Sector: Labor Share for All Workers, Percent Change at Annual Rate, Seasonally Adjusted (PRS32006172)
Labor's share in current dollar output in a given sector is simply the ratio of labor compensation paid in that sector to current dollar output. For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf Source Indicator PRS32006172

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.

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    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

    Bar 1 - Manufacturing, Nondurable Goods Sector: Labor Share for All Workers Vintage: 2024-11-07
    Bar 2
    (a) Manufacturing, Nondurable Goods Sector: Labor Share for All Workers, Percent Change at Annual Rate, Seasonally Adjusted (PRS32006172)
    Labor's share in current dollar output in a given sector is simply the ratio of labor compensation paid in that sector to current dollar output. For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf Source Indicator PRS32006172

    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
      Manufacturing, Nondurable Goods Sector: Labor Share for All Workers Vintage: 2024-11-07
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      Bar 2
      Manufacturing, Nondurable Goods Sector: Labor Share for All Workers Vintage: 2024-12-10
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      Notes

      Title Release Dates
      Manufacturing, Nondurable Goods Sector: Labor Share for All Workers 2016-06-07 2024-12-10
       
      Source    
      U.S. Bureau of Labor Statistics 2016-06-07 2024-12-10
       
      Release    
      Productivity and Costs 2016-06-07 2024-12-10
       
      Units    
      Percent Change at Annual Rate 2016-06-07 2024-12-10
       
      Frequency    
      Annual 2016-06-07 2024-12-10
       
      Seasonal Adjustment    
      Seasonally Adjusted 2016-06-07 2024-12-10
       
      Notes    
      Labor's share in current dollar output in a given sector is simply the ratio of labor compensation paid in that sector to current dollar output.

      For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf

      Source Indicator PRS32006172

      		2016-06-07 2024-12-10

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      Index 2017=100, Annual, Seasonally Adjusted Percent Change from Quarter One Year Ago, Annual, Seasonally Adjusted

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      Nondurable Goods Sector Labor Goods Manufacturing Rate Seasonally Adjusted Bureau of Labor Statistics Annual Nation Public Domain: Citation Requested United States of America

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