Categories > Population, Employment, & Labor Markets > Productivity & Costs > Manufacturing
Observation:
2021: 1.8 (+ more) Updated: Mar 24, 20232021: | 1.8 | |
2020: | 0.4 | |
2019: | -2.4 | |
2018: | 0.2 | |
2017: | -1.1 | |
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: MPU9900063
U.S. Bureau of Labor Statistics, Manufacturing Sector: Labor Productivity [MPU9900063], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU9900063, June 8, 2023.