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Total Factor Productivity for Manufacturing: Iron and Steel Mills and Ferroalloy Production (NAICS 331110) in the United States (IPUEN331110M000000000)

Observations

2021: 78.765
Updated: Aug 29, 2024 10:29 AM CDT
2021:  78.765  
2020:  99.576  
2019:  92.040  
2018:  93.964  
2017:  100.000  

Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual

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Notes

Title Release Dates
Multifactor Productivity for Manufacturing: Iron and Steel Mills and Ferroalloy Production (NAICS 331110) in the United States 2021-05-27 2022-04-27
Total Factor Productivity for Manufacturing: Iron and Steel Mills and Ferroalloy Production (NAICS 331110) in the United States 2022-04-28 2024-08-28
 
Source    
U.S. Bureau of Labor Statistics 2021-05-27 2024-08-28
 
Release    
Industry Productivity 2021-05-27 2024-08-28
 
Units    
Index 2007=100 2021-05-27 2022-01-26
Index 2012=100 2022-01-27 2024-04-24
Index 2017=100 2024-04-25 2024-08-28
 
Frequency    
Annual 2021-05-27 2024-08-28
 
Seasonal Adjustment    
Not Seasonally Adjusted 2021-05-27 2024-08-28
 
Notes    
Multifactor productivity measures are derived by dividing an index of real industry output by an index of the combined inputs of labor, capital, and intermediate purchases. The multifactor productivity indexes do not measure the specific contributions of capital, labor, and intermediate inputs. Rather, they reflect the joint influences on economic growth of a number of factors that are not specifically accounted for on the input side, including technological change, returns to scale, improved skills of the workforce, better management techniques, or other efficiency improvements.

2021-05-27 2022-01-26
Total factor productivity is the efficiency at which combined inputs are used to produce output of goods and services. The total factor productivity indexes do not measure the specific contributions of capital, labor, and intermediate inputs. Rather, they reflect the joint influences on economic growth of a number of factors that are not specifically accounted for on the input side, including technological change, returns to scale, improved skills of the workforce, better management techniques, or other efficiency improvements.

2022-01-27 2024-08-28

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Percent Change from Year Ago, Annual, Not Seasonally Adjusted

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Ferroalloy Iron Productivity Mills Steel Industry Productivity North American Industry Classification System Industrial Production Production Manufacturing Bureau of Labor Statistics Annual Nation Public Domain: Citation Requested Not Seasonally Adjusted United States of America