Observation:
2023: 0.7 (+ more) Updated: Dec 4, 2024 3:30 PM CST2023: | 0.7 | |
2022: | -1.1 | |
2021: | 0.5 | |
2020: | -2.2 | |
2019: | -2.1 | |
View All |
Units:
Percent Change from Year Ago,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
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
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
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, .