Output per Worker for Other Services (Except Public Administration): Linen and Uniform Supply (NAICS 81233) in the United States
IPUUN81233W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.45
Year-over-Year Change
71.97%
Date Range
1/1/1987 - 1/1/2022
Summary
This economic trend measures the output per worker for the Linen and Uniform Supply industry (NAICS 81233) in the United States. It provides insights into the productivity and efficiency of this service sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Output per Worker metric represents the ratio of real gross output to total employment within the Linen and Uniform Supply industry. It is a key indicator of labor productivity and can help analysts assess the industry's competitiveness and growth potential.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using industry-level production and employment statistics.
Historical Context
This trend is used by economists and policymakers to evaluate the performance and competitive position of the Linen and Uniform Supply industry.
Key Facts
- The Linen and Uniform Supply industry is part of the Other Services (Except Public Administration) sector.
- Output per worker in this industry has grown by 15% over the past decade.
- The industry employs over 200,000 workers in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the output per worker for the Linen and Uniform Supply industry (NAICS 81233) in the United States, which is a key indicator of labor productivity in this service sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the competitiveness and growth potential of the Linen and Uniform Supply industry, which is important for economists and policymakers evaluating the performance of the service sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using industry-level production and employment statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the performance and competitive position of the Linen and Uniform Supply industry, which can inform decisions related to industry regulation, investment, and workforce development.
Q: Are there update delays or limitations?
A: The data is published by the Federal Reserve on a regular basis, but there may be some delays in reporting due to the collection and processing of industry-level statistics.
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Citation
U.S. Federal Reserve, Output per Worker for Other Services (Except Public Administration): Linen and Uniform Supply (NAICS 81233) in the United States (IPUUN81233W000000000), retrieved from FRED.