Labor share is the proportion of the total dollar cost to produce output of goods and services attributed to use of labor.
Combined inputs costs is the total cost of all inputs used to produce output.
The industrial production (IP) index measures the real output of all relevant establishments located in the United States, regardless of their ownership, but not those located in U.S. territories. For more information, see the explanatory notes (https://www.federalreserve.gov/releases/g17/About.htm) issued by the Board of Governors. For recent updates, see the announcements (https://www.federalreserve.gov/feeds/g17.html) issued by the Board of Governors NAICS: 3311,2pt. Source Code: IP.N3311A2D.S
For more information, please see the Import/Export Price Indexes web site at https://www.bls.gov/mxp/
The Data Are Averages Of One Day A Week Quotations. 1905-1939 Prices Were Checked With Annual Reports Of The American Iron And Steel Institute (Aisi). Discrepencies Were Checked Against Weekly Figures In Iron Age. The Price For June, 1898, Was The "Lowest Price Ever Recorded" According To The 1914 Annual Report Of The Aisi, P.99. Source: Iron Age, January Review Issues, 1919, 1927, 1940, And The Following Monthly Issues. This NBER data series m04160 appears on the NBER website in Chapter 4 at http://www.nber.org/databases/macrohistory/contents/chapter04.html. NBER Indicator: m04160
For more information, please see the Import/Export Price Indexes web site at https://www.bls.gov/mxp/
Data Are Averages Of Iron Age Quotations On Steel Bars, Shapes, Plates, Plain Wire, Open Hearth Rails (Bessemer Rails For 1902-1913), Black Pipe, And Black Sheets For Period Prior To 1920. Hot Rolled Strip Added For The Subsequent Period. Source: Iron Age, January 6, 1938, P.107 And January 4, 1940, P.171 This NBER data series m04155 appears on the NBER website in Chapter 4 at http://www.nber.org/databases/macrohistory/contents/chapter04.html. NBER Indicator: m04155
Further information related to the Quarterly Financial Report survey can be found at https://www.census.gov/econ/qfr/about.html Methodology details can be found at https://www.census.gov/econ/qfr/documents/QFR_Methodology.pdf
The Federal Reserve Bank of St. Louis seasonally adjusts this series by using the 'x12' package from R with default parameter settings. The package uses the U.S. Bureau of the Census X13-ARIMA-SEATS Seasonal Adjustment Program. More information on the 'x12' package can be found at https://cran.r-project.org/web/packages/x12/index.html. More information on X13-ARIMA-SEATS can be found at https://www.census.gov/srd/www/x13as/.
Wage and salary workers are workers who receive wages, salaries, commissions, tips, payment in kind, or piece rates. The group includes employees in both the private and public sectors but, for the purposes of the earnings series, it excludes all self-employed persons, both those with incorporated businesses and those with unincorporated businesses. For more information see https://www.bls.gov/cps/earnings.htm The series comes from the 'Current Population Survey (Household Survey)' The source code is: LEU0254507300
Industrial Capacity (CAP) is the amount of resources available to enable an industry to produce goods. For more information, see the explanatory notes (https://www.federalreserve.gov/releases/g17/About.htm) issued by the Board of Governors. For recent updates, see the announcements (https://www.federalreserve.gov/feeds/g17.html) issued by the Board of Governors NAICS: 3311,2 Source Code: CAP.G3311A2.S
Capital intensity is the ratio of capital services to hours worked in the production process. Capital services are the flow of the services derived from physical assets (equipment, structures, inventories, and land) and intellectual property used to produce output.
Labor productivity describes 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 see the Import/Export Price Indexes web site at https://www.bls.gov/mxp/
Series Is Presented Here As Four Variables--(1)--Original Data, 1873-1890 (2)--Original Data, 1890-1892; (3)--Original Data, 1889-1894; (4)--Original Data, 1894-1958. Prices Were Quoted Only Irregularly Prior To October, 1889. The Prices Given Here Are Averages Of Weekly Quotations. In Cases Where The Price Ranges Are Given, The Averages Of Lows Are Given. Weeks Ending On The 1St, 2Nd, Or 3Rd Of A Month Are Included With The Preceding Month (This Means Iron Age Issues Up To The 5Th). Source: Iron Age, Weekly Issues This NBER data series m04142c appears on the NBER website in Chapter 4 at http://www.nber.org/databases/macrohistory/contents/chapter04.html. NBER Indicator: m04142c
The industrial production (IP) index measures the real output of all relevant establishments located in the United States, regardless of their ownership, but not those located in U.S. territories. For more information, see the explanatory notes (https://www.federalreserve.gov/releases/g17/About.htm) issued by the Board of Governors. For recent updates, see the announcements (https://www.federalreserve.gov/feeds/g17.html) issued by the Board of Governors NAICS: 3311,2pt. Source Code: IP.N3311A2C.S
The capital share is the proportion of the total dollar cost to produce output of goods and services attributed to the use of capital input. Capital is the flow of the services derived from physical assets (equipment, structures, inventories, and land) and intellectual property used to produce output.
Capital costs are the total dollar value to produce output of goods and services attributed to the use of capital input. Capital is the flow of the services derived from physical assets (equipment, structures, inventories, and land) and intellectual property used to produce output.
Capital intensity is the ratio of capital services to hours worked in the production process. Capital services are the flow of the services derived from physical assets (equipment, structures, inventories, and land) and intellectual property used to produce output.
Labor productivity describes the efficiency at which labor hours are utilized in producing output of goods and services, measured as output per hour of labor.
Capital productivity is the efficiency at which capital services are utilized in producing output of goods and services, measured as output produced per unit of capital services input. Capital services are the flow of the services derived from physical assets (equipment, structures, inventories, and land) and intellectual property used to produce output.
Hourly compensation is the sum of wage and salary accruals and supplements to wages and salaries per hour of labor services used to produce output. Wage and salary accruals consist of the monetary remuneration of employees. Supplements to wages and salaries consist of employer contributions for social insurance and employer payments (including payments in kind) to private pension and profit-sharing plans, group health and life insurance plans, privately administered workers' compensation plans.
Intermediate inputs are the goods and services (including energy, raw materials, semi-finished goods, and services that are purchased from all sources) that are used in the production process to produce other goods or services rather than for final consumption.
Sectoral output is the current dollar value of output that has been adjusted for changes in inventory (gross output) and the removal goods and services shipped among related establishments, which are referred to as intra-industry and intra-sectoral shipments.
Labor hours are measured as annual hours worked by all workers, including wage and salary workers, unincorporated self-employed workers, and unpaid family workers, in the production of goods and services.