Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for United States
Annual, Seasonally Adjusted
LRAC25MAUSA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.33
Year-over-Year Change
0.76%
Date Range
1/1/1955 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' trend measures the annual labor productivity growth rate in the U.S. manufacturing sector. This key metric is closely watched by economists and policymakers to assess the economy's efficiency 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 growth reflects the change in real output per hour worked in the manufacturing industry. It is a crucial indicator of economic performance, competitiveness, and potential inflationary pressures.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using establishment surveys and other sources.
Historical Context
Productivity trends influence economic policy decisions and affect business planning, investment, and wage negotiations.
Key Facts
- U.S. manufacturing productivity grew 1.3% in 2021.
- Productivity gains can drive economic growth and higher living standards.
- The Federal Reserve closely monitors productivity trends.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' trend measures the year-over-year change in labor productivity for the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Productivity growth is a key indicator of economic efficiency and competitiveness, with implications for policy, investment, and wages.
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 sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use manufacturing productivity trends to assess the economy's performance and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The 'Annual, Seasonally Adjusted' data is published with a lag, but it provides a comprehensive, authoritative measure of manufacturing productivity.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC25MAUSA156S), retrieved from FRED.