Major Sector Multifactor Productivity

Description

Multifactor productivity (MFP), also known as total factor productivity (TFP), is a measure of economic performance that compares the amount of goods and services produced (output) to the amount of combined inputs used to produce those goods and services. Inputs can include labor, capital, energy, materials, and purchased services. For more information and data visit: https://www.bls.gov/mfp/

Resources

Name Format Description Link
21 MFP Data resources https://www.bls.gov/mfp/data.htm
21 MFP data in CSV files https://www.bls.gov/lpc/tables_by_sector_and_industry.htm

Tags

  • productivity
  • unit-labor-cost
  • compensation
  • hours-of-work
  • labor-costs
  • pay

Topics

Categories