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Corrections to Major Sector Multifactor Productivity Data

Multifactor productivity data for the private business and private nonfarm business sectors were corrected July 9, 2014. Capital income and labor compensation were incorrectly calculated for the period 1987 to 1989.  Additionally the capital hours ratio for the private nonfarm business sector was affected in 1987.

Only data for 1987 to 1989 were affected-measures for all other years were correct as published April 3, 2014. The following LABSTAT data series were affected and corrected on July 9, 2014.


Series ID

Series

MPU4900111

Private Business-Capital Income, current dollars

MPU4900121

Private Business-Labor Compensation, current dollars

MPU4910082

Private Non-Farm Business-Capital Hours Ratio, indexes = 100.00: 2009

MPU4910111

Private Non-Farm Business-Capital Income, current dollars

MPU4910121

Private Non-Farm Business-Labor Compensation, current dollars

 

Last modified: July 9, 2014