Federal Reserve Economic Data

Table Data - Total Factor Productivity for Manufacturing: Iron and Steel Mills and Ferroalloy Production (NAICS 3311) in the United States

Title Total Factor Productivity for Manufacturing: Iron and Steel Mills and Ferroalloy Production (NAICS 3311) in the United States
Series ID IPUEN3311M001000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Percent Change from Year Ago
Date Range 1988-01-01 to 2021-01-01
Last Updated 2024-08-29 4:31 PM CDT
Notes Total factor productivity is the efficiency at which combined inputs are used to produce output of goods and services. The total factor productivity indexes do not measure the specific contributions of capital, labor, and intermediate inputs. Rather, they reflect the joint influences on economic growth of a number of factors that are not specifically accounted for on the input side, including technological change, returns to scale, improved skills of the workforce, better management techniques, or other efficiency improvements.
DATE VALUE
1988-01-01 1.2
1989-01-01 -2.2
1990-01-01 4.0
1991-01-01 -3.9
1992-01-01 8.0
1993-01-01 3.9
1994-01-01 2.4
1995-01-01 1.7
1996-01-01 1.4
1997-01-01 2.3
1998-01-01 -1.7
1999-01-01 3.8
2000-01-01 1.7
2001-01-01 2.8
2002-01-01 -0.6
2003-01-01 0.4
2004-01-01 2.3
2005-01-01 -5.3
2006-01-01 0.1
2007-01-01 1.0
2008-01-01 -3.1
2009-01-01 3.8
2010-01-01 6.4
2011-01-01 -4.1
2012-01-01 1.1
2013-01-01 9.4
2014-01-01 -0.3
2015-01-01 7.3
2016-01-01 11.1
2017-01-01 -4.8
2018-01-01 -6.0
2019-01-01 -2.0
2020-01-01 8.2
2021-01-01 -20.9

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