Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 74 Years for France
Annual, Seasonally Adjusted
LRAC74MAFRA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.48
Year-over-Year Change
-0.07%
Date Range
1/1/2003 - 1/1/2024
Summary
This trend measures the annual, seasonally adjusted labor productivity in the manufacturing sector. It is a key indicator of economic efficiency and a driver of long-term growth.
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 relationship between the output of goods and services and the labor input required to produce that output. Analyzing manufacturing productivity helps economists and policymakers understand industry competitiveness and capacity for innovation.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of output and employee hours.
Historical Context
Manufacturing productivity trends are closely watched by the Federal Reserve and other economic institutions.
Key Facts
- Manufacturing accounts for about 11% of U.S. GDP.
- Productivity growth averaged 1.7% annually from 2010-2020.
- The U.S. ranks 3rd globally in manufacturing output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted labor productivity in the U.S. manufacturing sector, tracking output per hour worked.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing productivity is a key indicator of industrial competitiveness and a driver of long-term economic growth. Analyzing these trends provides insights into the efficiency and innovative capacity of the U.S. manufacturing base.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on measures of manufacturing output and employee hours.
Q: How is this trend used in economic policy?
A: Manufacturing productivity trends are closely monitored by the Federal Reserve and other economic institutions to assess industry performance and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC74MAFRA156S), retrieved from FRED.