Manufacturing Nondurable Goods Sector: Food, Beverage and Tobacco Products: Multifactor Productivity: -0.6 % as of 01-01-2017

Annual , not seasonally adjusted . Multifactor productivity is calculated by dividing an index of real output by an index of combined units of labor input and capital services. It is designed to measure the joint influences of technological change, efficiency improvements, returns to scale, reallocation of resources, and other factors of economic growth, accounting for the effects of capital and labor. This data was found using sectoral output per unit of combined K, L, E, M, S. For more information, please go to http://www.bls.gov/mfp/ Source Indicator: MPU5500013

TBD
Category, Region, Data Source: http://www.bls.gov/mfp

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Stats

Last Value -0.6 %
Latest Period 2017-01-01
Last Updated 2019-04-23 11:39:11-05
Frequency a
Average Growth Rate -267.35
Long Term Average -0.28
Value from 1 Year Ago -2.5
Change from 1 Year Ago -76
Unit %
Adjustment %

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