Labor Productivity for Information: Software Publishers (NAICS 511210) in the United States
IPUJN511210L000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.75
Year-over-Year Change
31.82%
Date Range
1/1/1987 - 1/1/2024
Summary
This trend measures labor productivity for the software publishing industry in the United States. It is a key indicator of economic efficiency and competitiveness for this important technology 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
The labor productivity trend for software publishers tracks the ratio of real output to hours worked in NAICS industry 511210. It provides insights into the industry's efficiency and technological advancements over time.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using production and labor input information.
Historical Context
This productivity metric is closely watched by policymakers, investors, and industry analysts to gauge the competitive position of the U.S. software publishing sector.
Key Facts
- Software publishing is a key driver of the U.S. tech economy.
- Productivity growth in this sector impacts overall national competitiveness.
- The U.S. is a global leader in software publishing.
FAQs
Q: What does this economic trend measure?
A: This trend measures labor productivity in the U.S. software publishing industry, specifically the ratio of real output to hours worked.
Q: Why is this trend relevant for users or analysts?
A: This productivity metric provides insights into the efficiency and technological advancement of a critical U.S. technology sector, which is closely watched by policymakers, investors, and industry analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using production and labor input information.
Q: How is this trend used in economic policy?
A: This productivity trend is used by policymakers, economists, and industry stakeholders to gauge the competitive position of the U.S. software publishing sector and inform economic and technology policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Bureau of Labor Statistics, but may have some update lags typical of government statistical releases.
Related Trends
Employment for Information: Cable and Other Subscription Programming (NAICS 515210) in the United States
IPUJN515210W010000000
Employment for Information: Satellite Telecommunications (NAICS 51741) in the United States
IPUJN51741W010000000
Sectoral Output for Information: Cable and Other Subscription Programming (NAICS 51521) in the United States
IPUJN51521T301000000
Unit Labor Costs for Information: Periodical Publishers (NAICS 511120) in the United States
IPUJN511120U100000000
Output per Worker for Information: Newspaper Publishers (NAICS 511110) in the United States
IPUJN511110W000000000
Hours Worked for Information: Sound Recording Industries (NAICS 5122) in the United States
IPUJN5122L010000000
Citation
U.S. Federal Reserve, Labor Productivity for Information: Software Publishers (NAICS 511210) in the United States (IPUJN511210L000000000), retrieved from FRED.