Federal Reserve Economic Data

Food and Beverage and Tobacco Products: Labor Productivity (MPU5500063)

Observation:

2023: -2.1 (+ more)   Updated: Dec 4, 2024 3:30 PM CST
2023:  -2.1  
2022:  -3.8  
2021:  -2.5  
2020:  1.5  
2019:  -0.8  
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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:

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: MPU5500063

Suggested Citation:

U.S. Bureau of Labor Statistics, Food and Beverage and Tobacco Products: Labor Productivity [MPU5500063], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU5500063, .

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