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Originally Published May 02, 2008
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Manufacturing multifactor productivity in 2006


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Desk Blotter

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.

 

40 Best of The Editor's Desk is now available in print! This publication features 40 of the best The Editor's Desk (TED) articles from 2006. To obtain a free copy, you can send email to ted@bls.gov with your mailing address included in your request; or mail a request to the Office of Publications and Special Studies, U.S. Department of Labor, Bureau of Labor Statistics, Washington, D.C., 20212; or call 202-691-5200.

 

 

The Bureau of Labor Statistics is an agency within the U.S. Department of Labor.



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Last Updated: May 05, 2008