Categories > Population, Employment, & Labor Markets > Productivity & Costs > Business
Observation:
2021: 115.488 (+ more) Updated: Nov 21, 20222021: | 115.488 | |
2020: | 112.804 | |
2019: | 108.020 | |
2018: | 105.964 | |
2017: | 104.334 | |
View All |
Units:
Index 2012=100,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: Index 2012=100, 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: MPU4900062
U.S. Bureau of Labor Statistics, Private Business Sector: Labor Productivity [MPU4900062], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4900062, March 23, 2023.