Manufacturing productivity falls for second quarter in a row
August 08, 2001
Manufacturing productivity, as measured by output per hour, fell at a seasonally adjusted annual rate of 0.2 percent in the second quarter of 2001, after falling 3.6 percent in the previous quarter. These were the first consecutive declines in manufacturing productivity since the second and third quarters of 1993.
The decline in productivity in the second quarter of 2001 reflected a 5.8-percent drop in output and a 5.6-percent drop in hours of all persons (seasonally adjusted annual rates). In the previous quarter, output fell 8.1 percent and hours dropped 4.7 percent.
These data are a product of the BLS Quarterly Labor Productivityprogram. Data are subject to revision. Additional information is available in Productivity and Costs, Second Quarter 2001 (preliminary)news release USDL 01-248.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Manufacturing productivity falls for second quarter in a row on the Internet at http://www.bls.gov/opub/ted/2001/aug/wk1/art03.htm (visited May 01, 2016).
Recent editions of Spotlight on Statistics
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.