Home > Releases > Industry Productivity > Total Factor Productivity for Manufacturing: Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (NAICS 33451) in the United States
Observation:
2021: 3.7 (+ more) Updated: Aug 29, 2024 4:31 PM CDT2021: | 3.7 | |
2020: | -0.7 | |
2019: | -2.7 | |
2018: | 0.4 | |
2017: | 3.8 |
Units:
Percent Change from Year Ago,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Title | Release Dates | |
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Multifactor Productivity for Manufacturing: Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (NAICS 33451) in the United States | 2021-05-27 | 2022-04-27 |
Total Factor Productivity for Manufacturing: Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (NAICS 33451) in the United States | 2022-04-28 | 2024-08-28 |
Source | ||
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U.S. Bureau of Labor Statistics | 2021-05-27 | 2024-08-28 |
Release | ||
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Industry Productivity | 2021-05-27 | 2024-08-28 |
Units | ||
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Percent Change from Year Ago | 2021-05-27 | 2024-08-28 |
Frequency | ||
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Annual | 2021-05-27 | 2024-08-28 |
Seasonal Adjustment | ||
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Not Seasonally Adjusted | 2021-05-27 | 2024-08-28 |
Notes | ||
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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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2021-05-27 | 2024-08-28 |