Multifactor productivity in manufacturing industries, 2010
July 05, 2012
In 2010, manufacturing sector multifactor productivity—defined as output per unit of combined inputs—increased at an annual rate of 7.5 percent. This was the largest increase recorded in the series, which began in 1987.
Durable manufacturing sector multifactor productivity increased 12.7 percent in 2010, following a decline of 4.7 percent in 2009. This was the largest increase recorded in the series.
Nondurable manufacturing sector multifactor productivity increased 2.7 percent in 2010, following a 0.9-percent decrease in 2009. The gain in 2010 was the largest increase since 2003.
In 2010, 14 out of 18 manufacturing industries exhibited increases in multifactor productivity. Only four manufacturing industries exhibited a decrease in multifactor productivity in 2010: textile mills and textile product mills, paper products, primary metals, and electrical equipment, appliances, and components.
These data are from the Multifactor Productivity program. To learn more, see "Multifactor Productivity Trends in Manufacturing — 2010" (HTML) (PDF), news release USDL-12-1288. 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 intermediate inputs (energy, materials, purchased business services).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Multifactor productivity in manufacturing industries, 2010 on the Internet at https://www.bls.gov/opub/ted/2012/ted_20120705.htm (visited April 29, 2017).
Recent editions of Spotlight on Statistics
STEM occupations: past, present, and future
A look at employment and wages in science, technology, engineering, and mathematics occupations.
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.