Observation:
2022: 108.813 (+ more) Updated: Nov 21, 20232022: | 108.813 | |
2021: | 111.015 | |
2020: | 109.253 | |
2019: | 103.670 | |
2018: | 101.367 | |
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: MPU4910062
U.S. Bureau of Labor Statistics, Private Nonfarm Business Sector: Labor Productivity [MPU4910062], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4910062, December 7, 2023.