Private Non-Farm Business Sector: Multifactor Productivity, Percent Change: 1 % as of 01-01-2018

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. The real value is the added output divided by combined inputs. For more information, please go to http://www.bls.gov/mfp/ Source Indicator: MPU4910013

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

Chart

Stats

Last Value 1 %
Latest Period 2018-01-01
Last Updated 2019-04-04 15:38:02-05
Frequency a
Average Growth Rate
Long Term Average 0.82
Value from 1 Year Ago 0.4
Change from 1 Year Ago 150
Unit %
Adjustment %

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