Thursday, April 14, 2011

Multifactor productivity in private nonfarm business, 2009

In 2009, multifactor productivity—a measure of the change in output per unit of combined capital and labor—in the private nonfarm business sector grew at a modest 0.1-percent annual rate.

In 2009, the gain in multifactor productivity reflected decreases of 3.7 percent in output and 3.8 percent in the combined inputs of capital and labor.

More HERE.

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