Source: U.S. Bureau of Labor Statistics
Capital intensity is the ratio of capital services to hours worked in the production process. The higher the capital to hours ratio, the more capital intensive the production process is.
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Source Indicator: MPU9900083
U.S. Bureau of Labor Statistics, Manufacturing Sector: Capital Intensity [MPU9900083], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU9900083, December 11, 2023.