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Private Non-Farm Business Sector: Multifactor Productivity (MPU4910013)

Observation:

2016: -0.2  
Updated: Jul 19, 2017

Units:

Percent Change from Year Ago,
Not Seasonally Adjusted

Frequency:

Annual
1Y | 5Y | 10Y | Max
  EDIT LINE 1
(a) Private Non-Farm Business Sector: Multifactor Productivity, Percent Change from Year Ago, Not Seasonally Adjusted (MPU4910013)
Multifactor productivity is calculated by dividing an index of real output by an index of combined units of labor input and capital services. It is designed to measure the joint influences of technological change, efficiency improvements, returns to scale, reallocation of resources, and other factors of economic growth, accounting for the effects of capital and labor. The real value is the added output divided by combined inputs.

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

Source Indicator: MPU4910013

Private Non-Farm Business Sector: Multifactor Productivity

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NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Multifactor Productivity Trends in Manufacturing  

Units:  Percent Change from Year Ago, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Multifactor productivity is calculated by dividing an index of real output by an index of combined units of labor input and capital services. It is designed to measure the joint influences of technological change, efficiency improvements, returns to scale, reallocation of resources, and other factors of economic growth, accounting for the effects of capital and labor. The real value is the added output divided by combined inputs.

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

Source Indicator: MPU4910013

Suggested Citation:

U.S. Bureau of Labor Statistics, Private Non-Farm Business Sector: Multifactor Productivity [MPU4910013], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4910013, October 19, 2017.

RELEASE TABLES

Multifactor Productivity Trends in Manufacturing






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