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Machinery: Multifactor Productivity (MPU5200012)

Observation:

2020: 89.731  
Updated: Mar 25, 2022

Units:

Index 2012=100,
Not Seasonally Adjusted

Frequency:

Annual
1Y | 5Y | 10Y | Max

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Total Factor Productivity for Major Industries  

Units:  Index 2012=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 https://www.bls.gov/mfp/

Source Indicator: MPU5200012

Suggested Citation:

U.S. Bureau of Labor Statistics, Machinery: Multifactor Productivity [MPU5200012], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU5200012, June 27, 2022.

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Retrieving data.
Updating graph.

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