TABLE 1-4-3 - Multifactor Productivity Index: 1998-2007

TABLE 1-4-3 - Multifactor Productivity Index: 1998-2007

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Multifactor productivity measures the changes in output per unit of combined inputs 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 1998=100

  Railroad transportation Air
transportation
Business sector (all industries)
1998 100.0 100.0 100.0
1999 102.3 98.7 101.4
2000 104.5 97.9 102.6
2001 105.5 94.1 103.1
2002 107.5 101.1 105.2
2003 109.9 105.1 108.1
2004 113.4 111.8 111.0
2005 111.2 116.9 112.5
2006 116.9 120.5 113.2
2007 112.0 121.9 113.6

NOTES: Source data are indexes with base years of 1997 (air and rail), 2000 (business). The Bureau of Transportation Statistics reindexed these data so that 1998 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 December 2009.