Total Factor Productivity for Manufacturing: Agriculture, Construction, and Mining Machinery (NAICS 3331) in the United States (IPUEN3331M000000000)
NOTES
| Title | Release Dates | |
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| Multifactor Productivity for Manufacturing: Agriculture, Construction, and Mining Machinery (NAICS 3331) in the United States | 2021-05-27 | 2022-04-27 |
| Total Factor Productivity for Manufacturing: Agriculture, Construction, and Mining Machinery (NAICS 3331) in the United States | 2022-04-28 | 2023-08-31 |
| Source | ||
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| U.S. Bureau of Labor Statistics | 2021-05-27 | 2023-08-31 |
| Release | ||
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| Industry Productivity | 2021-05-27 | 2023-08-31 |
| Units | ||
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| Index 2007=100 | 2021-05-27 | 2022-01-26 |
| Index 2012=100 | 2022-01-27 | 2023-08-31 |
| Frequency | ||
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| Annual | 2021-05-27 | 2023-08-31 |
| Seasonal Adjustment | ||
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| Not Seasonally Adjusted | 2021-05-27 | 2023-08-31 |
| Notes | ||
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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.
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2021-05-27 | 2022-01-26 |
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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.
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2022-01-27 | 2023-08-31 |
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