TABLE 4-20 - Multifactor Productivity: 1995-2006

TABLE 4-20 - Multifactor Productivity: 1995-2006

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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.