Factory productivity, second quarter of 2005
September 08, 2005
In the second quarter of 2005, productivity in the manufacturing sector—as measured by output per hour of all persons—increased at a seasonally adjusted annual rate of 3.6 percent.
Factory output increased 0.8 percent and hours of all persons fell 2.7 percent in the second quarter. In the first quarter of 2005, productivity rose 4.2 percent, as output grew 3.5 percent and hours declined 0.7 percent.
In the durable goods sector, productivity grew 3.3 percent in the second quarter of 2005, reflecting an increase in output of 1.5 percent and a drop in hours of 1.8 percent. In nondurable goods, output per hour rose 4.4 percent as output was unchanged and hours declined 4.2 percent.
These data are from the BLS Productivity and Costs program. Data are subject to revision. For more information, see "Productivity and Costs, Second Quarter 2005, Revised" (PDF) (TXT), news release USDL 05-1673.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Factory productivity, second quarter of 2005 on the Internet at http://www.bls.gov/opub/ted/2005/sept/wk1/art03.htm (visited September 26, 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.