Federal Reserve Economic Data: Your trusted data source since 1991

Private Business Sector: Contribution of Capital Intensity to Labor Productivity (MPU4900153)

Observation:

2023: 0.7 (+ more)   Updated: Apr 1, 2024 12:40 PM CDT
2023:  0.7  
2022:  -0.5  
2021:  -1.3  
2020:  4.3  
2019:  1.0  
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Units:

Percent Change from Year Ago,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Total Factor Productivity for Major Industries  

Units:  Percent Change from Year Ago, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Capital intensity is the ratio of capital services to hours worked in the production process. The higher the capital to hours ratio, the more capital intensive the production process is.

For more information, please go to https://www.bls.gov/mfp/

Source Indicator: MPU4900153

Suggested Citation:

U.S. Bureau of Labor Statistics, Private Business Sector: Contribution of Capital Intensity to Labor Productivity [MPU4900153], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4900153, May 30, 2024.

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