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Private Nonfarm Business Sector: Labor Productivity (MPU4910063)

Observation:

2022: -2.0 (+ more)   Updated: Nov 21, 2023
2022:  -2.0  
2021:  1.6  
2020:  5.4  
2019:  2.3  
2018:  1.4  
View All

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:

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: MPU4910063

Suggested Citation:

U.S. Bureau of Labor Statistics, Private Nonfarm Business Sector: Labor Productivity [MPU4910063], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4910063, February 22, 2024.

RELEASE TABLES

Total Factor Productivity for Major Industries

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