Observation:
2022: -1.7 (+ more) Updated: Apr 1, 2024 12:40 PM CDT2022: | -1.7 | |
2021: | 0.2 | |
2020: | 4.0 | |
2019: | 0.6 | |
2018: | 1.5 | |
View All |
Units:
Percent Change from Year Ago,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: Percent Change from Year Ago, 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: MPU5300063
U.S. Bureau of Labor Statistics, Electrical Equipment, Appliances, and Components: Labor Productivity [MPU5300063], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU5300063, .