Productivity Measurement

Productivity analysis and measurement is important at the company, industry, and economy-wide levels. For the overall economy, growing economic productivity makes possible improvements in the economic welfare of the general population. From the company's perspective, productivity betterment holds the key to growing profits and employee compensation.

productivity growth

Rate of increase in output per unit of input labor productivity

Output per worker hour multifactor productivity

Output relative to the combined inputs of labor, capital, and intermediate purchases

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