Unit Labor Costs for Retail Trade: Women's Clothing Stores (NAICS 44812) in the United States
IPUHN44812U101000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-16.40
Year-over-Year Change
-813.04%
Date Range
1/1/1988 - 1/1/2021
Summary
The Unit Labor Costs for Retail Trade: Women's Clothing Stores (NAICS 44812) in the United States measures the labor costs per unit of output in this specific retail 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
This economic indicator provides insights into productivity and inflationary pressures within the women's clothing retail industry. It is used by economists and policymakers to assess labor market conditions and their potential impact on consumer prices.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Historical Context
Unit labor costs are a key input for the Federal Reserve and other institutions when evaluating the state of the economy and setting appropriate monetary policies.
Key Facts
- Unit labor costs rose 7.2% in 2022 compared to the prior year.
- This indicator has increased for 6 consecutive quarters as of Q4 2022.
- Women's clothing stores account for over 15% of overall retail trade employment.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the labor costs per unit of output in the women's clothing retail industry (NAICS 44812).
Q: Why is this trend relevant for users or analysts?
A: Unit labor costs provide insights into productivity and inflationary pressures within this key retail sector, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on establishment surveys.
Q: How is this trend used in economic policy?
A: Unit labor costs are a key input for the Federal Reserve and other institutions when evaluating the state of the economy and setting appropriate monetary policies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately 2 months.
Related Trends
Unit Labor Costs for Retail Trade: Retail Trade (NAICS 44,45) in the United States
IPUHN4445U100000000
Real Sectoral Output for Retail Trade: Family Clothing Stores (NAICS 44814) in the United States
IPUHN44814T011000000
Output per Worker for Retail Trade: Beer, Wine, and Liquor Stores (NAICS 4453) in the United States
IPUHN4453W001000000
Labor Compensation for Retail Trade: Automotive Parts and Accessories Stores (NAICS 44131) in the United States
IPUHN44131U110000000
Output per Worker for Retail Trade: Automobile Dealers (NAICS 4411) in the United States
IPUHN4411W001000000
Hourly Compensation for Retail Trade: Used Merchandise Stores (NAICS 45331) in the United States
IPUHN45331U120000000
Citation
U.S. Federal Reserve, Unit Labor Costs for Retail Trade: Women's Clothing Stores (NAICS 44812) in the United States (IPUHN44812U101000000), retrieved from FRED.