Recent productivity trends

Daniel Berg, Norman G. Einspruch

Research output: Chapter in Book/Report/Conference proceedingConference contribution

3 Scopus citations

Abstract

Recently published Total Factor Productivity trend data are analyzed to ascertain whether there is a difference in trend between the Services Sector and the Goods Sector. These data represent performance of the 100 largest U.S. companies for the year ending October 31, 2002. It is noted that the growth rate for the Goods Sector exceeds the rate for the Service Sector by approximately one percentage point. Since the Services Sector represents approximately eighty percent of the economy, there is significant opportunity for a major impact on the economy if parity between the two sectors were achieved through the improvement of a single percentage point in the Services Sector.

Original languageEnglish
Title of host publicationIEEE International Engineering Management Conference
Pages223-225
Number of pages3
StatePublished - Dec 1 2003
Externally publishedYes
EventIEMC'03 Proceedings, Managing Technologically Driven Organizations: 'The Human Side of Innovation and Change' - Albany, NY, United States
Duration: Nov 2 2003Nov 4 2003

Other

OtherIEMC'03 Proceedings, Managing Technologically Driven Organizations: 'The Human Side of Innovation and Change'
CountryUnited States
CityAlbany, NY
Period11/2/0311/4/03

Keywords

  • Goods Sector
  • Productivity
  • Service Sector
  • Total Factor Productivity

ASJC Scopus subject areas

  • Hardware and Architecture
  • Industrial and Manufacturing Engineering

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  • Cite this

    Berg, D., & Einspruch, N. G. (2003). Recent productivity trends. In IEEE International Engineering Management Conference (pp. 223-225)