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Productivity

BEA-BLS Integrated Industry-level Production Accounts (KLEMS)

Two of the most important statistical tools for analysis of macroeconomics and growth are the national accounts (encompassing gross domestic product, or GDP) and the total factor productivity (TFP) statistics, which measure output per unit of combined inputs. Although they share a common accounting framework, in the United States these statistics are compiled by separate agencies—the national accounts by the Bureau of Economic Analysis (BEA) and the productivity statistics by the Bureau of Labor Statistics (BLS). This project focuses on integrating the national accounts.  

Date Last Modified: May 13, 2026