diff --git a/go.mod b/go.mod
index ca13261b..1309f9a8 100644
--- a/go.mod
+++ b/go.mod
@@ -18,5 +18,5 @@ require (
 	k8s.io/code-generator v0.18.12
 	k8s.io/kube-openapi v0.0.0-20200410145947-bcb3869e6f29
 	knative.dev/hack v0.0.0-20201120192952-353db687ec5b
-	knative.dev/pkg v0.0.0-20201123172958-fea72c1c8e2f
+	knative.dev/pkg v0.0.0-20201124204235-3154117dcfaf
 )
diff --git a/go.sum b/go.sum
index 2943f375..b5aa5f69 100644
--- a/go.sum
+++ b/go.sum
@@ -1133,8 +1133,8 @@ k8s.io/utils v0.0.0-20200603063816-c1c6865ac451 h1:v8ud2Up6QK1lNOKFgiIVrZdMg7Mpm
 k8s.io/utils v0.0.0-20200603063816-c1c6865ac451/go.mod h1:jPW/WVKK9YHAvNhRxK0md/EJ228hCsBRufyofKtW8HA=
 knative.dev/hack v0.0.0-20201120192952-353db687ec5b h1:Lc+AKgwhAZUD98mN++qTHeeaP6FRmS8fcwc/rXkP8G0=
 knative.dev/hack v0.0.0-20201120192952-353db687ec5b/go.mod h1:PHt8x8yX5Z9pPquBEfIj0X66f8iWkWfR0S/sarACJrI=
-knative.dev/pkg v0.0.0-20201123172958-fea72c1c8e2f h1:zQEnqguiWwewcE2munQYL38S8VuV/hAuZCCk/6UMvhI=
-knative.dev/pkg v0.0.0-20201123172958-fea72c1c8e2f/go.mod h1:wXZqP8MXCxb51yNFlecA13BwG7Hk370SWDFWV4dx4ug=
+knative.dev/pkg v0.0.0-20201124204235-3154117dcfaf h1:H5um6wZSd1Qmqqozr+/nHF2HyaMde6GNXM3+KbaYlJc=
+knative.dev/pkg v0.0.0-20201124204235-3154117dcfaf/go.mod h1:wXZqP8MXCxb51yNFlecA13BwG7Hk370SWDFWV4dx4ug=
 pgregory.net/rapid v0.3.3/go.mod h1:UYpPVyjFHzYBGHIxLFoupi8vwk6rXNzRY9OMvVxFIOU=
 rsc.io/binaryregexp v0.2.0/go.mod h1:qTv7/COck+e2FymRvadv62gMdZztPaShugOCi3I+8D8=
 rsc.io/quote/v3 v3.1.0/go.mod h1:yEA65RcK8LyAZtP9Kv3t0HmxON59tX3rD+tICJqUlj0=
diff --git a/vendor/knative.dev/pkg/controller/controller.go b/vendor/knative.dev/pkg/controller/controller.go
index b0ecb2e9..941117c7 100644
--- a/vendor/knative.dev/pkg/controller/controller.go
+++ b/vendor/knative.dev/pkg/controller/controller.go
@@ -493,7 +493,7 @@ func (c *Impl) processNextWorkItem() bool {
 		if err != nil {
 			status = falseString
 		}
-		c.statsReporter.ReportReconcile(time.Since(startTime), status)
+		c.statsReporter.ReportReconcile(time.Since(startTime), status, key)
 
 		// We call Done here so the workqueue knows we have finished
 		// processing this item. We also must remember to call Forget if
diff --git a/vendor/knative.dev/pkg/controller/stats_reporter.go b/vendor/knative.dev/pkg/controller/stats_reporter.go
index 7ffa80d7..92a5848a 100644
--- a/vendor/knative.dev/pkg/controller/stats_reporter.go
+++ b/vendor/knative.dev/pkg/controller/stats_reporter.go
@@ -25,10 +25,12 @@ import (
 	"go.opencensus.io/stats/view"
 	"go.opencensus.io/tag"
 	"go.uber.org/zap"
+	"k8s.io/apimachinery/pkg/types"
 	"k8s.io/client-go/tools/cache"
 	kubemetrics "k8s.io/client-go/tools/metrics"
 	"k8s.io/client-go/util/workqueue"
 	"knative.dev/pkg/metrics"
+	"knative.dev/pkg/metrics/metricskey"
 )
 
 var (
@@ -47,6 +49,7 @@ var (
 	// - characters are printable US-ASCII
 	reconcilerTagKey = tag.MustNewKey("reconciler")
 	successTagKey    = tag.MustNewKey("success")
+	NamespaceTagKey  = tag.MustNewKey(metricskey.LabelNamespaceName)
 )
 
 func init() {
@@ -170,12 +173,12 @@ func init() {
 		Description: "Number of reconcile operations",
 		Measure:     reconcileCountStat,
 		Aggregation: view.Count(),
-		TagKeys:     []tag.Key{reconcilerTagKey, successTagKey},
+		TagKeys:     []tag.Key{reconcilerTagKey, successTagKey, NamespaceTagKey},
 	}, {
 		Description: "Latency of reconcile operations",
 		Measure:     reconcileLatencyStat,
 		Aggregation: reconcileDistribution,
-		TagKeys:     []tag.Key{reconcilerTagKey, successTagKey},
+		TagKeys:     []tag.Key{reconcilerTagKey, successTagKey, NamespaceTagKey},
 	}}
 	views = append(views, wp.DefaultViews()...)
 	views = append(views, rp.DefaultViews()...)
@@ -195,7 +198,7 @@ type StatsReporter interface {
 	ReportQueueDepth(v int64) error
 
 	// ReportReconcile reports the count and latency metrics for a reconcile operation
-	ReportReconcile(duration time.Duration, success string) error
+	ReportReconcile(duration time.Duration, success string, key types.NamespacedName) error
 }
 
 // Reporter holds cached metric objects to report metrics
@@ -237,11 +240,14 @@ func (r *reporter) ReportQueueDepth(v int64) error {
 }
 
 // ReportReconcile reports the count and latency metrics for a reconcile operation
-func (r *reporter) ReportReconcile(duration time.Duration, success string) error {
+func (r *reporter) ReportReconcile(duration time.Duration, success string, key types.NamespacedName) error {
 	ctx, err := tag.New(
 		context.Background(),
 		tag.Insert(reconcilerTagKey, r.reconciler),
-		tag.Insert(successTagKey, success))
+		tag.Insert(successTagKey, success),
+		tag.Insert(NamespaceTagKey, key.Namespace),
+	)
+
 	if err != nil {
 		return err
 	}
diff --git a/vendor/modules.txt b/vendor/modules.txt
index 59c42d32..bc704e90 100644
--- a/vendor/modules.txt
+++ b/vendor/modules.txt
@@ -742,7 +742,7 @@ k8s.io/utils/trace
 # knative.dev/hack v0.0.0-20201120192952-353db687ec5b
 ## explicit
 knative.dev/hack
-# knative.dev/pkg v0.0.0-20201123172958-fea72c1c8e2f
+# knative.dev/pkg v0.0.0-20201124204235-3154117dcfaf
 ## explicit
 knative.dev/pkg/apis
 knative.dev/pkg/apis/duck