Source: U.S. Bureau of Labor Statistics
Release: Industry Productivity
Contribution of intermediate inputs intensity is the portion of labor productivity change attributed to purchased intermediate inputs. It is the ratio of intermediate purchases to hours worked in the production process. Intermediate purchases are the value of produced goods and services which are used as energy, materials, and purchased services in an industry or sector's production process.
U.S. Bureau of Labor Statistics, Contribution of Intermediate Inputs Intensity to Labor Productivity for Manufacturing: Pharmaceutical and Medicine Manufacturing (NAICS 32541) in the United States [IPUEN32541P071000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN32541P071000000, June 10, 2023.