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Handbook of Methods Productivity Measures: Business Sector and Major Subsectors Overview

Productivity Measures: Business Sector and Major Subsectors: Overview

Note: The former Major Sector Productivity (MSP) and Industry Productivity Studies (IPS) Handbook of Methods chapters have been combined into one new chapter: the Office of Productivity and Technology (OPT) Handbook of Methods. This chapter covers the two programs in more detail and this archive is kept for reference.

Major Sector Productivity (MSP) is a Bureau of Labor Statistics program that produces measures of productivity for six U.S. major industry sectors in the United States: business, nonfarm business, nonfinancial corporations, total manufacturing, durable goods manufacturing, and nondurable goods manufacturing. BLS compiles and analyzes a wide array of data produced by government statistical agencies and nongovernmental organizations to measure productivity.

Quick Facts: Productivity Measures: Business Sector and Major Subsectors
Subject areas Productivity
Key measures
  • Labor productivity
  • Major sector multifactor productivity
  • Unit labor costs
How the data are obtained Multiple data sources
Classification Industry
Periodicity of data availability Annual, Quarterly
Geographic detail National
Scope Private sector
Key products
Program webpage
Last Modified Date: September 23, 2020