Federal Reserve Economic Data

Private Nonfarm Business Sector: Combined Inputs (MPU4910032)

Observation:

2023: 112.116 (+ more)   Updated: Dec 4, 2024 3:30 PM CST
2023:  112.116  
2022:  110.082  
2021:  106.220  
2020:  102.444  
2019:  104.729  
View All

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:

Labor input and capital services are combined using chained superlative Tornqvist aggregation, applying weights that represent each component's share of total costs. The chained superlative Tornqvist index uses changing weights; the share in each year is averaged with the preceding year's share.

For more information, please go to https://www.bls.gov/mfp/

Source Indicator: MPU4910032

Suggested Citation:

U.S. Bureau of Labor Statistics, Private Nonfarm Business Sector: Combined Inputs [MPU4910032], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4910032, .

RELEASE TABLES

Total Factor Productivity for Major Industries

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