Federal Reserve Economic Data

Private Nonfarm Business Sector: Labor Productivity (MPU4910062)

Observation:

2023: 110.549 (+ more)   Updated: Apr 1, 2024 12:40 PM CDT
2023:  110.549  
2022:  109.161  
2021:  111.463  
2020:  110.019  
2019:  103.904  
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:

The efficiency at which labor hours are utilized in producing output of goods and services, measured as output per hour of labor.

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

Source Indicator: MPU4910062

Suggested Citation:

U.S. Bureau of Labor Statistics, Private Nonfarm Business Sector: Labor Productivity [MPU4910062], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4910062, .

RELEASE TABLES

Total Factor Productivity for Major Industries

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