Observations
2021: 111.913 | Index 2017=100 | Annual
Updated: Aug 29, 2024 10:27 AM CDT
Next Release Date: Not Available
Observations
2021: | 111.913 | |
2020: | 104.170 | |
2019: | 102.431 | |
2018: | 101.185 | |
2017: | 100.000 | |
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NOTES
Source: U.S. Bureau of Labor Statistics
Release: Industry Productivity
Units: Index 2017=100, Not Seasonally Adjusted
Frequency: Annual
Notes:
Total factor productivity is the efficiency at which combined inputs are used to produce output of goods and services. The total factor productivity indexes do not measure the specific contributions of capital, labor, and intermediate inputs. Rather, they reflect the joint influences on economic growth of a number of factors that are not specifically accounted for on the input side, including technological change, returns to scale, improved skills of the workforce, better management techniques, or other efficiency improvements.
Suggested Citation:
U.S. Bureau of Labor Statistics, Total Factor Productivity for Manufacturing: Ship and Boat Building (NAICS 33661) in the United States [IPUEN33661M000000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN33661M000000000, February 19, 2025.
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