Fourth-quarter productivity growth in factories revised upward
May 08, 2001
Productivity in manufacturing, as measured by output per hour, increased at a revised seasonally adjusted annual rate of 5.3 percent in the fourth quarter of 2000. A preliminary growth rate of 4.8 percent had been reported last month, based on information available at that time.
Output decreased 1.8 percent in manufacturing and hours of all persons declined 6.7 percent in the fourth quarter of 2000. The change in output earlier reported (based on more limited information) was a decrease of 2.1 percent. The percent change in hours based on the latest information is about 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, Fourth Quarter 2000 (revised)," news release USDL 01-56.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Fourth-quarter productivity growth in factories revised upward on the Internet at http://www.bls.gov/opub/ted/2001/mar/wk1/art03.htm (visited August 30, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
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.