Observation:
2022: 0.6 (+ more) Updated: Apr 1, 2024 12:40 PM CDT2022: | 0.6 | |
2021: | 5.0 | |
2020: | -3.3 | |
2019: | 2.2 | |
2018: | 0.3 | |
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
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: MPU5300033
U.S. Bureau of Labor Statistics, Electrical Equipment, Appliances, and Components: Combined Inputs [MPU5300033], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU5300033, .