Food and Beverage and Tobacco Products: Multifactor Productivity
: 98.015 (As of 2023-01-01) NEW
Basic Info
Food and Beverage and Tobacco Products: Multifactor Productivity was 98.015 as of 2023-01-01, according to U.S. Bureau of Labor Statistics. Historically, Food and Beverage and Tobacco Products: Multifactor Productivity reached a record high of 106.237 and a record low of 96.131, the median value is 100.494. Typical value range is from 97.1 to 100.06. The Year-Over-Year growth is -2.94%. 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 2023-01-01.
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: MPU5500012
| Category | Population, Employment, & Labor Markets |
| Region | USA |
| Source | U.S. Bureau of Labor Statistics |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 98.015 | ||
| Latest Period | 2023-01-01 | ||
| Long Term Average | 98.58 | ||
| Average Annualized Growth Rate | -0.13% | ||
| Value from 1 year ago | 100.981 | ||
| Change from 1 year ago | -2.94% | ||
| Frequency | Annual | ||
| Unit | 2009=100 | ||
| Download Source | source link |
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