Productivity measures and related cost measures are designed for use in economic analysis and public and private policy planning. The data are used in forecasting and analysis of prices, wages, and technological change.
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Labor Productivity and Costs
Output per hour and unit labor costs for the U.S. business sector, nonfarm business sector, and manufacturing sector.
The Multifactor Productivity (MFP) measures the changes in output per unit of combined inputs. Indexes of MFP are produced for the private business, private nonfarm business, and manufacturing sectors of the economy.