[Accessibility Information]
/opub/mlr/images/mlrhead5.gif

Related BLS programs | Related articles



May, 1988, Vol. 111, No. 5

Recent changes in the growth of U.S. multifactor productivity

Edwin Dean and Kent Kunze


T he dramatic slowdown in productivity growth that began about 1973 has been the focus of much analysis and discussion.  In recent months, this discussion has taken on new life, as analysts continue to probe the influence of U.S. productivity growth on the country's competitiveness in world trade.  Other commentators have raised the possibility that the slowdown has ended and productivity growth has resumed its earlier pace.

The present article contributes to the discussion by presenting and analyzing recent Bureau of Labor Statistics measures of growth in multifactor productivity in the United States.  It also presents preliminary results of BLS studies of factors that have affected productivity change.  Special attention is given to the productivity growth record for recent years, to examine whether productivity might have resumed its pre-1973 pace.


This excerpt is from an article published in the May 1988 issue of the Monthly Labor Review. The full text of the article is available in Adobe Acrobat's Portable Document Format (PDF). See How to view a PDF file for more information.

Read abstract  Download full article in PDF (1,988K)


Related BLS programs

Multifactor Productivity

Related Monthly Labor Review articles

Multifactor productivity: refrigeration and heating equipment industry.May 1997.

Multifactor productivity: cotton and synthetic broadwoven fabrics.July 1995.

Multifactor productivity in the metal stampings industry.May 1995.

Multifactor productivity in household furniture.June 1994.

Multifactor productivity in the utility services industries.May 1993.

Multifactor productivity in manufacturing, 1984-88.Oct. 1992.

Multifactor productivity in railroad transportation.Aug. 1992.

Multifactor productivity in farm and garden equipment.June 1991.

Multifactor productivity in tires and inner tubes industry.June 1989.

Multifactor productivity slips in the nonrubber footwear industry.Apr. 1989.


Within Monthly Labor Review Online:
Welcome | Current Issue | Index | Subscribe | Archives

Exit Monthly Labor Review Online:
BLS Home | Publications & Research Papers