Multifactor productivity (MFP), also known as total factor productivity (TFP), is a measure of economic performance that compares the amount of goods and services produced (output) to the amount of combined inputs used to produce those goods and services. Inputs can include labor, capital, energy, materials, and purchased services. The BLS also publishes measures of labor productivity.
For Your Information
Multifactor productivity tables that present KLEMS multifactor industry measures for nonmanufacturing sectors and nonmanufacturing industries through 2014 were updated June 22, 2016. For additional information concerning data sources and methods of measuring nonmanufacturing KLEMS multifactor productivity see "Nonmanufacturing industry contributions to multifactor productivity, 1987-2006" (PDF)
Total economy production account tables are now available that present total economy measures through 2014. Additionally, non-profit, owner-occupied and government detailed capital measures are now available through 2014 by NIPA-level industry. For additional information concerning data sources and methods of measuring the total economy see "Integrated GDP-Productivity Accounts," (PDF)
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In 2014 multifactor productivity in manufacturing decreased 1.0 percent,
durable manufacturing decreased 2.5 percent, and nondurable manufacturing
increased 0.5 percent. Multifactor productivity in manufacturing declined three
of the last four years.
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In 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.
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Multifactor productivity rose in 38 of the 86 4-digit NAICS manufacturing industries in 2014,
down from 47 of the industries in 2013. Among transportation industries, multifactor productivity
increased in both air transportation and line-haul railroads.
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Data for this release were revised in (MFP Tables and Charts) and (MFP Databases) on April 7, 2016. See the "For Your Information" section for more details.
Archived
Multifactor Productivity Trends, 2014 (HTML) (PDF)--Published Data for Major Sectors. See current news release above.
NEW Integrated Industry-Level Production Account for the United States: Intellectual Property Products Account Update. September 2015 (PDF). Tables: Quantity indexes (XLSX) Contributions to growth (XLSX)
Integrated Industry-Level Production Account for the United States: Intellectual Property Products and the 2007 NAICS. May 2014 (PDF). Tables (XLSX)
A Prototype BEA/BLS Industry-Level Production Account for the United States. November 2012. (PDF 1.7MB). Tables (XLS)
Nonmanufacturing Industry Contributions to Multifactor Productivity, 1987–2006. June 2010. (PDF 1MB)
Effects of Imported Intermediate Inputs on Productivity. June 2010. (PDF 2MB)
Integrated GDP-Productivity Accounts. December 2008. (PDF)
Preliminary Estimate of Multifactor Productivity Growth. June 2005. (PDF)
Industry Productivity Program
Multifactor Productivity Change in the Air Transportation Industry. March 2005. (PDF)
Productivity and Costs--labor productivity and costs for major sectors of the economy (business, nonfarm business, and manufacturing) and for 3- and 4-digit industries.
Productivity Research and Program Development works on strengthening and improving Bureau productivity measures and on understanding the sources and effects of productivity and technical change. The Division works on clarifying input and output concepts, using methods from microeconomic and macroeconomic theory, labor economics, industrial organization, econometrics, and statistics.
International Labor Comparisons--comparative information by country on productivity and unit labor costs; compensation; labor force, employment, and unemployment; and consumer prices.
International Technical Cooperation --conducts training in labor statistics for international participants and coordinates international requests for BLS services including technical experts and short-term visits to BLS.
