Data provided by Bureau of Economic Analysis
The integrated industry-level production account (ILPA) contains estimates of the sources of economic growth. It allows analysts to trace aggregate GDP growth from its industry origins to changes in factors of production, including capital, labor, intermediate inputs, and (integrated) multifactor productivity. Accounts of this nature are often referred to as 'KLEMS' accounts and the 'integrated' terminology reflects a collaboration between the Bureau of Labor Statistics (BLS) and BEA to produce consistent estimates. The account has proven useful for analysts studying structural change, globalization, the impact of information and communications technology, and the industry origins of productivity growth.
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Updated: 2024-03-23
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2020-03-01
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| Title | Integrated Industry-Level Production Account (KLEMS) |
|---|---|
| Description | The integrated industry-level production account (ILPA) contains estimates of the sources of economic growth. It allows analysts to trace aggregate GDP growth from its industry origins to changes in factors of production, including capital, labor, intermediate inputs, and (integrated) multifactor productivity. Accounts of this nature are often referred to as 'KLEMS' accounts and the 'integrated' terminology reflects a collaboration between the Bureau of Labor Statistics (BLS) and BEA to produce consistent estimates. The account has proven useful for analysts studying structural change, globalization, the impact of information and communications technology, and the industry origins of productivity growth. |
| Modified | 2020-03-01 |
| Publisher Name | Bureau of Economic Analysis |
| Contact | mailto:[email protected] |
| Keywords | KLEMS , Integrated industry-level production account , factors of production , capital , labor , intermediate purchases , intermediate inputs , multifactor productivity |
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