Federal Reserve Economic Data

Manufacturing Sector: Combined Inputs (MPU9900033)

Observation:

2023: 2.3 (+ more)   Updated: Dec 4, 2024 3:29 PM CST
2023:  2.3  
2022:  3.1  
2021:  1.4  
2020:  -6.5  
2019:  -0.5  
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Units:

Percent Change from Year Ago,
Not Seasonally Adjusted

Frequency:

Annual

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: MPU9900033

Suggested Citation:

U.S. Bureau of Labor Statistics, Manufacturing Sector: Combined Inputs [MPU9900033], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU9900033, .

RELEASE TABLES

Total Factor Productivity for Major Industries

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