Third-quarter productivity growth revised downward
December 07, 2000
Productivity in the nonfarm business sector, as measured by output per hour, increased at a revised seasonally adjusted annual rate of 3.3 percent in the third quarter of 2000. A preliminary growth rate of 3.8 percent had been reported last month, based on information available at that time.
Output in nonfarm business increased 2.5 percent and hours of all persons declined 0.8 percent in the third quarter of 2000. The percent change in output earlier reported (based on more limited information) was 3.0 percent. The percent change in hours based on the latest information is the same as in last month's report.
These data are a product of the BLS Quarterly Labor Productivityprogram. Data are subject to revision. Additional information is available in "Productivity and Costs, Third Quarter 2000 (revised)," news release USDL 00-354.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Third-quarter productivity growth revised downward on the Internet at http://www.bls.gov/opub/ted/2000/dec/wk1/art04.htm (visited May 27, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.