Federal Reserve Economic Data

Machinery: Labor Productivity (MPU5200063)

Observation:

2022: -1.3 (+ more)   Updated: Apr 1, 2024 12:40 PM CDT
2022:  -1.3  
2021:  5.7  
2020:  -2.0  
2019:  -2.7  
2018:  2.6  
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:

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: MPU5200063

Suggested Citation:

U.S. Bureau of Labor Statistics, Machinery: Labor Productivity [MPU5200063], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU5200063, .

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