Federal Reserve Economic Data

Table Data - Total Factor Productivity for Manufacturing: Steel Product Manufacturing from Purchased Steel (NAICS 3312) in the United States

Title Total Factor Productivity for Manufacturing: Steel Product Manufacturing from Purchased Steel (NAICS 3312) in the United States
Series ID IPUEN3312M000000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2017=100
Date Range 1987-01-01 to 2021-01-01
Last Updated 2024-08-29 10:32 AM 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
1987-01-01 86.158
1988-01-01 93.431
1989-01-01 86.940
1990-01-01 89.669
1991-01-01 89.450
1992-01-01 93.205
1993-01-01 96.704
1994-01-01 101.156
1995-01-01 102.258
1996-01-01 102.444
1997-01-01 101.364
1998-01-01 97.102
1999-01-01 97.066
2000-01-01 98.496
2001-01-01 94.998
2002-01-01 93.089
2003-01-01 93.008
2004-01-01 87.711
2005-01-01 87.754
2006-01-01 93.754
2007-01-01 100.923
2008-01-01 92.561
2009-01-01 81.663
2010-01-01 91.377
2011-01-01 91.819
2012-01-01 94.827
2013-01-01 96.032
2014-01-01 95.106
2015-01-01 92.410
2016-01-01 95.817
2017-01-01 100.000
2018-01-01 97.617
2019-01-01 91.453
2020-01-01 93.577
2021-01-01 91.517

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