bls.gov:feed:prod3Total Factor ProductivityThe Total Factor Productivity (PROD3) release presents data on total factor productivity in the private business and private nonfarm business sectors. Total factor productivity measures the change in output per unit of combined capital and labor. Preliminary total factor productivity data are published for the most recent year approximately three months after the reference period. For more information, visit the Productivity home page at www.bls.gov/productivity/. 2023-03-23T10:00:00-05:00https://www.bls.gov/images/bls_emblem_lrg.gifhttps://www.bls.gov/favicon.icoBureau of Labor Statistics Publicationshttps://www.bls.govUS Bureau of Labor StatisticsTotal factor productivity decreases 1.2% in 2022, following a 4.0% increase in 2021prod3-2023_03_23__10_00_00Total factor productivity decreased 1.2 percent in the private nonfarm business sector in 2022 as output increased 2.3 percent and combined inputs increased 3.6 percent.2023-03-23T10:00:00Z2023-03-23T10:00:00ZNews ReleaseTotal factor productivity increases 3.2% in private nonfarm business in 2021prod3-2022_03_24__13_21_20Total factor productivity increased 3.2 percent in the nonfarm business sector in 2021 as output increased 7.4 percent and combined inputs increased 4.1 percent.2022-03-24T13:21:20Z2022-03-24T14:00:00ZNews ReleaseMultifactor productivity decreases 1.7% in 2020, following a 0.7% increase in 2019prod3-2021_03_23__13_28_27In 2020 multifactor productivity declined at a 1.7-percent annual rate in both the private nonfarm business and private business sectors.2021-03-23T13:28:27Z2021-03-23T14:00:00ZNews ReleaseMultifactor productivity increases 0.9% in 2019, following the same increase in 2018prod3-2020_03_24__13_21_09In both 2019 and 2018, multifactor productivity grew at a 0.9 percent annual rate in the private nonfarm business and private business sectors. 2020-03-24T13:21:09Z2020-03-24T14:00:00ZNews ReleaseMultifactor productivity increases 1.0% in 2018, following a 0.4% increase in 2017 prod3-2019_03_20__13_36_13In 2018 multifactor productivity grew at a 1.0 percent annual rate in the private nonfarm business and private business sectors. In both sectors, multifactor productivity grew at a faster rate than in 2017. 2019-03-20T13:36:13Z2019-03-20T14:00:00ZNews ReleaseMultifactor productivity increases 0.9% in 2017, following a 0.6% decrease in 2016 prod3-2018_03_21__13_20_06In 2017 multifactor productivity increased 0.9 percent in the private nonfarm business sector and 0.8 percent in the private business sector. In both sectors, the increase in multifactor productivity followed decreases in 2016. 2018-03-21T13:20:06Z2018-03-21T14:00:00ZNews ReleaseMultifactor productivity decreases 0.2% in 2016, first decline since 2009prod3-2017_03_30__13_19_40In 2016 multifactor productivity decreased at a 0.2 percent annual rate in the private nonfarm business sector and 0.1 percent in the private business sector. In both sectors, multifactor productivity declined for the first time since 2009.2017-03-30T13:19:40Z2017-03-30T14:00:00ZNews ReleaseMultifactor productivity increases 0.2% in 2015, slower growth rate than in 2014prod3-2016_05_05__14_00_18In 2015 multifactor productivity grew at a 0.2-percent annual rate in the private nonfarm business and private business sectors. In both sectors, multifactor productivity grew at a slower rate than in 2014.2016-05-05T14:00:18Z2016-05-05T14:00:18ZNews ReleaseMultifactor productivity increases 0.7% in 2014, faster growth rate than in 2013prod3-2016_03_24__14_00_24In 2014 multifactor productivity grew at a 0.7 percent annual rate in the private nonfarm business and private business sectors. In both sectors, multifactor productivity grew at a faster rate than in 2013.2016-03-24T14:00:24Z2016-03-24T14:00:24ZNews ReleaseMultifactor productivity increases 0.8% in 2014, slower growth rate than in 2013prod3-2015_06_23__14_00_58In 2014 multifactor productivity grew at a 0.8 percent annual rate in the private nonfarm business sector and 0.6 percent in the private business sector. In both sectors, multifactor productivity grew at a slower rate than in 2013.2015-06-23T14:00:58Z2015-06-23T14:00:58ZNews ReleaseMultifactor productivity increases 0.9% in 2013, faster growth rate than in 2012prod3-2015_03_26__14_00_49In 2013 multifactor productivity grew at a 0.9 percent annual rate in the private nonfarm business sector and 1.1 percent in the private business sector. In both sectors, multifactor productivity grew faster than in 2012.2015-03-26T14:00:49Z2015-03-26T14:00:49ZNews ReleaseMultifactor productivity increases 0.3% in 2013, slower growth rate than previous yearprod3-2014_07_09__14_00_38In 2013 multifactor productivity grew at a 0.3 percent annual rate in the private nonfarm business sector and 0.7 percent in the private business sector. In both sectors, multifactor productivity grew considerably slower than in 2012.2014-07-09T14:00:38Z2014-07-09T14:00:38ZNews Release