Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Manufacturing multifactor productivity in 2006

May 02, 2008

Multifactor productivity in the manufacturing sector rose 1.6 percent in 2006.

Annual percent change in multifactor productivity in manufacturing, 1996-2006
[Chart data—TXT]

This is the fifth consecutive year that multifactor productivity rose in manufacturing.

The 2006 multifactor productivity gain reflected a 1.8-percent increase in sectoral output and a 0.3-percent increase in combined inputs.

Multifactor productivity is designed to measure the joint influences on economic growth of technological change, efficiency improvements, returns to scale, reallocation of resources, and other factors, allowing for the effects of capital, labor and, in the case of the manufacturing sector, intermediate inputs (energy, materials, purchased business services).

These data are from the BLS Multifactor Productivity program. Productivity data are subject to revision. To learn more, see "Multifactor Productivity Trends in Manufacturing, 2006," news release USDL 08-0587.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Manufacturing multifactor productivity in 2006 at https://www.bls.gov/opub/ted/2008/apr/wk4/art05.htm (visited November 28, 2021).

OF INTEREST
spotlight

Recent editions of Spotlight on Statistics

triangle