Corrections to Major Sector Multifactor Productivity Data

Multifactor productivity data for the private business and private nonfarm business sectors were corrected July 19, 2013. Capital services were incorrectly calculated for 2012. Measures of multifactor productivity, output per unit of capital services, combined inputs, capital services per hour, and the contribution of capital intensity were affected by this error.

Only data for 2012 were affected-measures for all other years were correct as published June 28, 2013.

The news release Preliminary Multifactor Productivity Trends, 2012, USDL-13-1245 was reissued on July 19, 2013. In addition, the following LABSTAT data series were affected and corrected on July 19, 2013.

Series ID Series

MPU4900012

Multifactor Productivity, Indexes=100.000

MPU4900013

Multifactor Productivity, % Change Year Ago

MPU4900032

Combined Inputs, Indexes=100.000

MPU4900033

Combined Inputs, % Change Year Ago

MPU4900042

Capital Services, Indexes=100.000

MPU4900043

Capital Services, % Change Year Ago

MPU4900072

Output per unit of Capital Services, Indexes=100.000

MPU4900073

Output per unit of Capital Services, % Change Year Ago

MPU4900082

Capital Hours Ratio, Indexes=100.000

MPU4900083

Capital Hours Ratio, % Change Year Ago

MPU4900152

Contribution of Capital Intensity, Indexes=100.000

MPU4900153

Contribution of Capital Intensity, % Change Year Ago

MPU4910012

Multifactor Productivity, Indexes=100.000

MPU4910013

Multifactor Productivity, % Change Year Ago

MPU4910032

Combined Inputs, Indexes=100.000

MPU4910033

Combined Inputs, % Change Year Ago

MPU4910042

Capital Services, Indexes=100.000

MPU4910043

Capital Services, % Change Year Ago

MPU4910072

Output per unit of Capital Services, Indexes=100.000

MPU4910073

Output per unit of Capital Services, % Change Year Ago

MPU4910082

Capital Hours Ratio, Indexes=100.000

MPU4910083

Capital Hours Ratio, % Change Year Ago

MPU4910152

Contribution of Capital Intensity, Indexes=100.000

MPU4910153

Contribution of Capital Intensity, % Change Year Ago

 

Last Modified Date: July 19, 2013