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Productivity measures the value of goods and services produced from labour and capital.
The value of all goods and services produced - known as the output or production measure.
It simply indicates the market value of all goods and services produced in an economy.
It measures the value of goods and services produced by the residents of a country.
ADDING up the value of goods and services produced in an economy is hard enough anywhere.
Last year, services produced only around 4% of Iveco's euro311m ($331m) of operating profits.
These same capital assets also consume the goods and services produced by that economy.
The plot data were used with numerical models to calculate several ecosystem services produced by trees.
GDP aims to capture the value of all goods and services produced within U.S. borders.
The government's hope will be that consumers spend more on goods and services produced by UK businesses, boosting growth.
GDP accounts for the total of goods and services produced by a country's economy that are available to each person.
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