Federal Reserve Economic Data

Private Nonfarm Business Sector: Total Factor Productivity (MFPNFBS)

Observation:

2023: 104.10700 (+ more)   Updated: Apr 1, 2024 12:40 PM CDT
2023:  104.10700  
2022:  103.34300  
2021:  105.05300  
2020:  101.75600  
2019:  101.98700  
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Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Total Factor Productivity for Major Industries  

Units:  Index 2017=100, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Source Code: MPU4910012

Real Value-Added Output divided by combined inputs.

This data is constructed by the source by linking SIC 1948 from 1987 data with the NAICS data from 1987 from present.

Complete information of the methods and data underlying these measures can be found in "Technical Information About the BLS Multifactor Productivity Measures" (https://www.bls.gov/mfp/mprtech.pdf) and "BLS Handbook of Methods, Chapter 11 Industry Productivity Measures" (http://www.bls.gov/opub/hom/pdf/homch11.pdf).

Information is also available on the Multifactor Productivity Website at http://www.bls.gov/mfp .

Suggested Citation:

U.S. Bureau of Labor Statistics, Private Nonfarm Business Sector: Total Factor Productivity [MFPNFBS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MFPNFBS, .

RELEASE TABLES

Total Factor Productivity for Major Industries

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