Observations
2023: 0.6 | Percent Change from Year Ago | Annual
Updated: Dec 4, 2024 3:29 PM CST
Next Release Date: Not Available
Observations
2023: | 0.6 | |
2022: | 4.1 | |
2021: | 4.9 | |
2020: | -4.5 | |
2019: | -2.2 | |
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Units:
Frequency:
Data in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
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:
Labor input and capital services are combined using chained superlative Tornqvist aggregation, applying weights that represent each component's share of total costs. The chained superlative Tornqvist index uses changing weights; the share in each year is averaged with the preceding year's share.
For more information, please go to https://www.bls.gov/mfp/
Source Indicator: MPU5850033
Suggested Citation:
U.S. Bureau of Labor Statistics, Plastics and Rubber Products: Combined Inputs [MPU5850033], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU5850033, February 24, 2025.
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