Federal Reserve Economic Data: Your trusted data source since 1991
Your trusted data source since 1991.
NOTES
Source: U.S. Bureau of Labor Statistics
Release: Total Factor Productivity for Major Industries
Units:
Frequency:
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: MPU4900033
Suggested Citation:
U.S. Bureau of Labor Statistics, Private Business Sector: Combined Inputs [MPU4900033], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4900033, June 9, 2023.
RELEASE TABLES
Total Factor Productivity for Major Industries
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