productivity

American  

[proh-duhk-tiv-i-tee, prod-uhk‑] / ˌproʊ dʌkˈtɪv ɪ ti, ˌprɒd ʌk‑ /

noun

1. the quality, state, or fact of being able to generate, create, enhance, or bring forth goods and services.

   The productivity of the group's effort surprised everyone.

2. Economics. the rate at which goods and services having exchange value are brought forth or produced.

   Productivity increased dramatically last year.

3. Grammar. the ability to form new words using established patterns and discrete linguistic elements, as the derivational affixes -ness and -ity,

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productivity British  

/ ˌprɒdʌkˈtɪvɪtɪ /

noun

1. the output of an industrial concern in relation to the materials, labour, etc, it employs

2. the state of being productive

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productivity Cultural  

1. In business, a measure of worker efficiency, such as one hundred units per hour. In economics, involvement in the creation of goods and services to produce wealth.

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Other Word Forms

• antiproductivity adjective
• nonproductivity noun
• semiproductivity noun
• unproductivity noun

Etymology

Origin of productivity

First recorded in 1800–10; productiv(e) ( def. ) + -ity ( def. )

Example Sentences

Warsh has argued that an AI-driven productivity boom could naturally lower prices, creating natural deflationary elements that would support rate cuts and lower the cost of capital for investors.

From MarketWatch

His own explanations for inflation are eclectic, at times drawing on commodity and stock prices, the money supply, productivity and federal spending.

From The Wall Street Journal

Warsh thinks the Fed can cut its rates because of the potential for artificial intelligence to lift productivity and lower inflation.

From Barron's

Analytically, we expect he will be strongly aligned with the administration’s arguments that booming productivity will allow for neutral or accommodative rates even with robust growth.

From Barron's

He projected that strong financial markets, business-friendly tax changes and productivity growth are all likely to support the economy this year.

From The Wall Street Journal

Related Words

• capacity
• fertility
• production
• yield