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Manufacturing Durable Goods Sector: Machinery: Multifactor Productivity (MPU5200012)

Observation:

2015: 99.075  
Updated: Jul 19, 2017

Units:

Index 2009=100,
Not Seasonally Adjusted

Frequency:

Annual
1Y | 5Y | 10Y | Max
  EDIT LINE 1
(a) Manufacturing Durable Goods Sector: Machinery: Multifactor Productivity, Index 2009=100, Not Seasonally Adjusted (MPU5200012)
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 http://www.bls.gov/mfp/

Source Indicator: MPU5200012

Manufacturing Durable Goods Sector: Machinery: Multifactor Productivity

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NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Multifactor Productivity Trends in Manufacturing  

Units:  Index 2009=100, 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. This data was found using sectoral output per unit of combined K, L, E, M, S.

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

Source Indicator: MPU5200012

Suggested Citation:

U.S. Bureau of Labor Statistics, Manufacturing Durable Goods Sector: Machinery: Multifactor Productivity [MPU5200012], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU5200012, November 21, 2017.

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