Food and Beverage and Tobacco Products: Multifactor Productivity : 2.10% (As of 2022-01-01)
Historical Data
Basic Info
Food and Beverage and Tobacco Products: Multifactor Productivity was 2.10 as of 2022-01-01, according to U.S. Bureau of Labor Statistics. Historically, Food and Beverage and Tobacco Products: Multifactor Productivity reached a record high of 3.90 and a record low of -6.00, the median value is -0.20. Typical value range is from -1.86 to 1.88. The Year-Over-Year growth is -46.15%. GuruFocus provides the current actual value, an historical data chart and related indicators for Food and Beverage and Tobacco Products: Multifactor Productivity - last updated on 2022-01-01.
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. This data was found using sectoral output per unit of combined K, L, E, M, S. For more information, please go to http://www.bls.gov/mfp/ Source Indicator: MPU5500013
Category | Population, Employment, & Labor Markets |
Region | USA |
Source | U.S. Bureau of Labor Statistics |
Stats
Name | Value | ||
---|---|---|---|
Last Value | 2.10% | ||
Latest Period | 2022-01-01 | ||
Long Term Average | 0.01% | ||
Average Annualized Growth Rate | -0.14% | ||
Value from 1 year ago | 3.90% | ||
Change from 1 year ago | -46.15% | ||
Frequency | Annual | ||
Unit | % | ||
Download Source | MPU5500013.txt |