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October 1995, Vol. 118, No.
10
Edwin Dean
Associate Commissioner, Office of Productivity
and Technology, Bureau of Labor Statistics
Michael Harper
Chief, Division of Productivity Research,
Bureau of Labor Statistics
Phyllis Flohr Otto
Economist, Division of Productivity Research, Bureau of Labor
Statistics
The use of annually-weighted output measures for productivity calculations will eliminate a source of bias and reduce revisions. This article discusses methodological improvements to the quarterly productivity series published by the Bureau of Labor Statistics that will improve the accuracy and usefulness of the data and reduce the size of revisions in the future.
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