, ▁a ▁measure ▁of ▁infl ation ▁based ▁on ▁what ▁is ▁consum ed , ▁rather ▁than ▁what ▁is ▁produced . ▁ ▁Anal yz ing ▁the ▁gap ▁B LS ▁explained ▁the ▁gap ▁between ▁product ivity ▁and ▁compens ation ▁can ▁be ▁divided ▁into ▁two ▁components , ▁the ▁effect ▁of ▁which ▁var ies ▁by ▁industry : ▁ 1 ) ▁Rec al cul ating ▁the ▁gap ▁using ▁an ▁industry - specific ▁infl ation ▁adjust ment ▁(" indust ry ▁def l ator ") ▁rather ▁than ▁consumption ▁( C PI ); ▁and ▁ 2 ) ▁The ▁change ▁in ▁labor ' s ▁share ▁of ▁income , ▁defined ▁as ▁how ▁much ▁of ▁a ▁business ' ▁re venue ▁goes ▁to ▁workers ▁as ▁opposed ▁to ▁intermediate ▁purch ases ▁( i . e ., ▁cost ▁of ▁goods ) ▁and ▁capital ▁( own ers ) ▁in ▁that ▁industry . ▁The ▁difference ▁in ▁def l ators ▁was ▁the ▁stronger ▁effect ▁among ▁high ▁product ivity ▁growth ▁indust ries , ▁while ▁the ▁change ▁in ▁labor ' s ▁share ▁of ▁income ▁was ▁the ▁stronger ▁effect ▁among ▁most ▁other ▁indust ries . ▁For ▁example , ▁the ▁ 3 . 5 % ▁product ivity ▁gap ▁in ▁the ▁information ▁industry ▁was ▁composed ▁of ▁a ▁ 2 . 1 % ▁difference ▁in ▁def l ators ▁and ▁about ▁a ▁ 1 . 4 % ▁due ▁to ▁change ▁in ▁labor ▁share . ▁The ▁ 2 . 7 % ▁gap ▁in ▁Man ufact uring ▁included ▁ 1 . 0 % ▁due ▁to ▁def l ator ▁and ▁ 1 . 7 % ▁due ▁to ▁change ▁in ▁labor ▁share