Observation:
2023: 0.3 (+ more) Updated: Dec 4, 2024 3:29 PM CST2023: | 0.3 | |
2022: | -3.4 | |
2021: | 1.1 | |
2020: | -0.4 | |
2019: | -1.9 | |
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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
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: MPU5850063
U.S. Bureau of Labor Statistics, Plastics and Rubber Products: Labor Productivity [MPU5850063], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU5850063, .