Federal Reserve Economic Data

Machinery: Contribution of Materials Intensity to Labor Productivity (MPU5200763)

Observation:

2023: 0.7 (+ more)   Updated: Dec 4, 2024 3:30 PM CST
2023:  0.7  
2022:  -1.1  
2021:  0.5  
2020:  -2.2  
2019:  -2.1  
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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:

Material intensity is the measure of materials needed for production, processing, and disposal of a unit of good or service.

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

Source Indicator: MPU5200763

Suggested Citation:

U.S. Bureau of Labor Statistics, Machinery: Contribution of Materials Intensity to Labor Productivity [MPU5200763], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU5200763, .

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