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Primary Metal Products: Total Factor Productivity (MPU5100012)


2022: 85.031 (+ more)   Updated: Apr 1, 2024 12:40 PM CDT
2022:  85.031  
2021:  87.160  
2020:  101.692  
2019:  98.889  
2018:  97.736  
View All


Index 2017=100,
Not Seasonally Adjusted




Source: U.S. Bureau of Labor Statistics  

Release: Total Factor Productivity for Major Industries  

Units:  Index 2017=100, Not Seasonally Adjusted

Frequency:  Annual


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. This data was found using sectoral output per unit of combined K, L, E, M, S.

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

Source Indicator: MPU5100012

Suggested Citation:

U.S. Bureau of Labor Statistics, Primary Metal Products: Total Factor Productivity [MPU5100012], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU5100012, June 16, 2024.


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