Productivity and costs in the private economy, 1972

Eisenberg, William M.; Fulco, Lawrence J.
May 1973
Monthly Labor Review;May73, Vol. 96 Issue 5, p3
Academic Journal
Discusses the changes in labor productivity in the private economy in the U.S. as of 1972. Movement of labor from agriculture to industries where levels of output per man-hour were higher; General pattern that occurs during the recovery phase of the business cycle; Relation of price to unit profits and unit labor and non-labor costs; Pattern of changes in costs and prices in the nonfarm and corporate nonfinancial sectors.


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