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ABSTRACT

July 1995, Vol. 118, No. 7

BLS modernizes industry labor productivity program

Kent Kunze
Chief, Division of Industry Productivity and Technology Studies, Bureau of Labor Statistics

Mary Jablonski
Supervisory Economist, Office of Productivity and Technology, Bureau of Labor Statistics

Virginia Klarquist
Economist, Office of Productivity and Technology, Bureau of Labor Statistics


Revisions to growth rates of output per hour in a new BLS method for constructing such measures were small in most industries covered. This article introduces this newly adopted method for constructing the output measures associated with industry labor productivity statistics generated by the Bureau of Labor Statistics. Because the new method produced little change in long-term movements of labor productivity, the original method appears to have been providing reasonable measures of trends in industry labor productivity.

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Related BLS programs
Industry Productivity
 
Related Monthly Labor Review articles
Improvements to the quarterly productivity measures. October 1995.

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