This question is about productivity statistics.

How is productivity measured?

By Zippia Team - Feb. 14, 2022

Productivity is measured by drawing comparisons between the number of goods and services produced with the inputs used in production. This process is most commonly and accurately carried out by the Bureau of Labor Statistics (BLS).

Therefore, in particular, labor productivity is the ratio of the goods and services output to the hours devoted to creating that output.

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