Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 55 to 64 Years for Switzerland
Quarterly, Not Seasonally Adjusted
LRAC55MACHQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.60
Year-over-Year Change
1.83%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the labor productivity in the manufacturing sector of the U.S. economy on a quarterly basis without seasonal adjustments. It is a key indicator of economic 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
The manufacturing labor productivity trend tracks the output per hour worked in the U.S. manufacturing industry. This metric is closely watched by economists and policymakers as it reflects the productivity and efficiency of the manufacturing sector, which is a vital component of the overall economy.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of manufacturing establishments.
Historical Context
Manufacturing productivity is a crucial input for economic analysis and policy decisions related to trade, investment, and competitiveness.
Key Facts
- U.S. manufacturing labor productivity grew by 1.8% in 2021.
- Productivity gains help drive economic growth and higher living standards.
- The manufacturing sector accounts for about 11% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the output per hour worked in the U.S. manufacturing sector on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing productivity is a key indicator of economic efficiency and competitiveness, which is closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: Manufacturing productivity is a crucial input for economic analysis and policy decisions related to trade, investment, and competitiveness.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, and it does not include seasonal adjustments.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC55MACHQ156N), retrieved from FRED.