Apparel and Leather and Applied Products: Multifactor Productivity : 108.771 (As of 2023-01-01)
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Basic Info

Apparel and Leather and Applied Products: Multifactor Productivity was 108.771 as of 2023-01-01, according to U.S. Bureau of Labor Statistics. Historically, Apparel and Leather and Applied Products: Multifactor Productivity reached a record high of 110.922 and a record low of 85.584, the median value is 104.348. Typical value range is from 97.55 to 107.15. The Year-Over-Year growth is -0.43%. GuruFocus provides the current actual value, an historical data chart and related indicators for Apparel and Leather and Applied 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: MPU5600012
Category Population, Employment, & Labor Markets
Region USA
Source U.S. Bureau of Labor Statistics

Stats

Name Value
Last Value 108.771
Latest Period 2023-01-01
Long Term Average 102.35
Average Annualized Growth Rate +0.05%
Value from 1 year ago 109.243
Change from 1 year ago -0.43%
Frequency Annual
Unit 2009=100
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