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May 1993

Multifactor productivity in the utility services industries

John L. Glaser

Growth in multifactor productivity in these industries slowed by 3.2 percent per year after 1973, according to a new BLS study. Results also show the impact of energy price increases on the utility services industries, which are heavily dependent on fossil fuel inputs. This article introduces a new BLS measure of multifactor productivity for electric, gas, and sanitary services.

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