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.
For more information, please go to https://www.bls.gov/mfp/
Source Indicator: MPU9900153
U.S. Bureau of Labor Statistics, Manufacturing Sector: Contribution of Capital Intensity [MPU9900153], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU9900153, June 12, 2021.