TABLE 4-20 - Multifactor Productivity: 1995-2006
Monday, September 10, 2012
TABLE 4-20 - Multifactor Productivity: 1995-2006
Multifactor productivity measures the changes in output per unit of combined input and is a measure of the efficiency with which inputs are utilized. Inputs include labor, capital services, and intermediate purchases. Examples of nonlabor inputs include rail cars and airplanes, as well as fuel.
Index: 1995 = 100
| Railroad transportation | Air transportation |
Business sector (all industries) | |
|---|---|---|---|
| 1995 | 100.0 | 100.0 | 100.0 |
| 1996 | 103.6 | 103.2 | 101.7 |
| 1997 | 103.6 | 103.6 | 102.7 |
| 1998 | 102.4 | 102.7 | 104.0 |
| 1999 | 104.7 | 101.9 | 105.3 |
| 2000 | 107.0 | 100.1 | 106.7 |
| 2001 | 107.8 | 95.7 | 106.8 |
| 2002 | 109.6 | 103.4 | 108.6 |
| 2003 | 114.8 | 107.5 | 111.4 |
| 2004 | 119.4 | 114.3 | 114.2 |
| 2005 | 114.8 | 119.5 | 116.1 |
| 2006 | 117.9 | 123.8 | 116.7 |
NOTES: Source data are indexes with base years of 1997 (air), 2000 (business), and 1997 (rail). The Bureau of Transportation Statistics reindexed these data so that 1995 is the base year for all.
SOURCE: U.S. Department of Labor, Bureau of Labor Statistics, Multifactor Productivity, available at http://www.bls.gov/mfp/ as of August 2008.