Productivity and Costs

Description

Productivity and related cost measures are designed for use in economic analysis and public and private policy planning. The data are used to forecast and analyze changes in prices, wages, and technology. There are two primary types of productivity statistics: Labor productivity measures output per hour of labor. Multifactor productivity measures output per unit of combined inputs, which consist of labor and capital, and, in some cases, intermediate inputs such as fuel.

Resources

Name Format Description Link
21 Productivity data resources for labor and industry productivity https://www.bls.gov/lpc/data.htm

Tags

  • productivity
  • capital
  • major-sector-productivity
  • labor-productivity
  • multifactor-productivity
  • unit-labor-costs
  • capital-consumption
  • industry-productivity

Topics

Categories