productivity

(eg. butterfly, symbol, vexed )

productivity /ˌproʊ dək ˈtɪ və ti/ ?

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(n) the quality of being productive or having the power to produce
(n) (economics) the ratio of the quantity and quality of units produced to the labor per unit of time

It was a productivity boom that ushered in America's postwar era of mass affluence.
Productivity underpins our economic strength, and our economic strength is now being eroded and questioned.
Nearly everyone in business talks about improving productivity, but notable breakthroughs are rare.

"Over time," Bernanke said, "the Federal Reserve's commitment to both price stability and maximum sustainable employment and the underlying strengths of the US economy -- including flexible markets and robust innovation and productivity -- will be...
on Jun 3, 2008 By: Ben Bernanke Source: TheStreet.com
"I think the system is basically sound, I truly do," Bush said. "I understand there's a lot of nervousness. The economy is growing. Productivity is high. Trade's up. People are working - it's not as good as we'd like. And to the extent that...
on Jul 15, 2008 By: President Bush Source: FOXNews