Federal Reserve Economic Data

Fabricated Metal Products: Combined Inputs (MPU5150033)

Observation:

2022: 2.8 (+ more)   Updated: Apr 1, 2024 12:40 PM CDT
2022:  2.8  
2021:  1.7  
2020:  -6.4  
2019:  -0.8  
2018:  2.7  
View All

Units:

Percent Change from Year Ago,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

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

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: MPU5150033

Suggested Citation:

U.S. Bureau of Labor Statistics, Fabricated Metal Products: Combined Inputs [MPU5150033], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU5150033, .

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