Infra-Annual Labor Statistics: Labor Force Male: From 25 to 54 Years for Israel
Quarterly, Seasonally Adjusted
LFAC25MAILQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,523,400.00
Year-over-Year Change
6.28%
Date Range
1/1/1995 - 4/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted total factor productivity for the manufacturing sector in the United States. It provides insight into the efficiency and technological progress of the manufacturing industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Total factor productivity is a measure of economic efficiency that captures the combined impact of technological progress, skills, and organizational changes on production. Analyzing trends in manufacturing total factor productivity helps policymakers and economists assess the competitiveness and innovative capacity of the U.S. industrial base.
Methodology
The data is calculated by the U.S. Federal Reserve using a growth accounting framework that incorporates measures of capital, labor, and output.
Historical Context
Quarterly total factor productivity is a key indicator used to evaluate the health and dynamics of the U.S. manufacturing sector.
Key Facts
- Manufacturing accounts for approximately 11% of U.S. GDP.
- Total factor productivity growth averaged 1.1% annually from 2010-2020.
- The COVID-19 pandemic caused a 5.2% decline in manufacturing TFP in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures total factor productivity in the U.S. manufacturing sector on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Monitoring changes in manufacturing total factor productivity provides insight into the efficiency, technological progress, and competitiveness of the U.S. industrial base.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using a growth accounting framework that incorporates measures of capital, labor, and output.
Q: How is this trend used in economic policy?
A: Quarterly manufacturing total factor productivity is a key indicator used by policymakers and economists to evaluate the health and dynamics of the U.S. industrial sector.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve with a typical lag of 2-3 months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC25MAILQ647S), retrieved from FRED.