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ABSTRACT

February 1999, Vol. 122, No. 2

The accuracy of the BLS productivity measures

Edwin R. Dean
Associate Commissioner, Office of Productivity and Technology, Bureau of Labor Statistics


Overall productivity growth may be somewhat underestimated; despite continued progress, measurement and conceptual barriers remain. This article addresses five important issues related to the BLS measure of productivity in the business sector of the economy.

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Related BLS programs
Quarterly Labor Productivity

Related Monthly Labor Review articles
How price indexes affect BLS productivity measures.Feb. 1999.

Possible measurement bias in aggregate productivity growth.Feb. 1999.


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