productivity and costs

Definition

An economic measurement used to predict future patterns of inflation in the United States economy. The productivity measurement tracks the efficiency of goods and services production, and the cost measurement indicates the labor cost attached to each output unit in the economy.

Related Videos




http://www.businessdictionary.com/definition/productivity-and-costs.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(103 Votes)
69% Bullish
(26 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z