Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for Spain
Annual, Not Seasonally Adjusted
LRAC24MAESA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.33
Year-over-Year Change
-9.98%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor productivity for the manufacturing sector in the United States. Productivity growth is a key indicator of economic performance and competitiveness.
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
Labor productivity tracks the efficiency of workers by measuring the real output per hour worked. This data provides insights into manufacturing sector performance and can inform economic policymaking.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using establishment surveys and other economic indicators.
Historical Context
Productivity trends are closely monitored by policymakers, researchers, and businesses to understand economic conditions and competitiveness.
Key Facts
- Manufacturing productivity has grown by over 60% since 1987.
- The U.S. manufacturing sector accounts for over 11% of GDP.
- Productivity growth supports higher wages and living standards.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor productivity in the U.S. manufacturing sector, tracking the real output per hour worked.
Q: Why is this trend relevant for users or analysts?
A: Productivity growth is a key indicator of economic performance and competitiveness, providing insights into manufacturing sector efficiency that can inform economic policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using establishment surveys and other economic indicators.
Q: How is this trend used in economic policy?
A: Productivity trends are closely monitored by policymakers, researchers, and businesses to understand economic conditions and competitiveness.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the Bureau of Labor Statistics, with any update delays or limitations transparently communicated.
Related Trends
Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Spain
QESPAM770A
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Spain
ESPCPHP0100GYM
Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Spain
ESPCP050000IXNBM
International Merchandise Trade Statistics: Imports: Commodities for Spain
ESPXTIMVA01CXMLQ
Net migration for Spain
SMPOPNETMESP
Harmonized Index of Consumer Prices: Medical Services; Paramedical Services for Spain
CP0621ESM086NEST
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRAC24MAESA156N), retrieved from FRED.