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Chemical Products: Combined Inputs (MPU5800032)

Observation:

2022: 99.519 (+ more)   Updated: Apr 1, 2024 12:41 PM CDT
2022:  99.519  
2021:  98.855  
2020:  96.102  
2019:  101.146  
2018:  96.202  
View All

Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Total Factor Productivity for Major Industries  

Units:  Index 2017=100, Not Seasonally Adjusted

Frequency:  Annual

Notes:

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: MPU5800032

Suggested Citation:

U.S. Bureau of Labor Statistics, Chemical Products: Combined Inputs [MPU5800032], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU5800032, June 17, 2024.

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