Observation:
2023: 2.6 (+ more) Updated: Apr 1, 2024 12:40 PM CDT2023: | 2.6 | |
2022: | 1.9 | |
2021: | 7.3 | |
2020: | -2.7 | |
2019: | 3.0 | |
View All |
Units:
Percent Change from Year Ago,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Bureau of Labor Statistics
Release: Total Factor Productivity for Major Industries
Units: Percent Change from Year Ago, Not Seasonally Adjusted
Frequency: Annual
Private business sector output is a chain-type, current-weighted index constructed after excluding from gross domestic product (GDP) the following outputs: general government, nonprofit institutions, private households (including owner-occupied housing), and government enterprises. This data used Tornqvist (cost share wts.) aggregate K and L.
For more information, please go to https://www.bls.gov/mfp/
Source Indicator: MPU4900023
U.S. Bureau of Labor Statistics, Private Business Sector: Real Value-Added Output [MPU4900023], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4900023, .