Productivity growth revised upward in the third quarter
December 06, 2006
Productivity in the nonfarm sector—as measured by output per hour—rose 0.2 percent during the third quarter of 2006, after revision. The preliminary estimate was that productivity had remained unchanged.
In the third quarter of 2006, output increased 2.3 percent and hours of all persons increased 2.1 percent; the preliminary figures both were 1.6 and 1.6 percent.
In the second quarter of 2006, productivity gained 1.6 percent, as output increased 3.1 percent, and hours grew 1.5 percent.
These data are from the BLS Productivity and Costs program. Data in this report are seasonally adjusted annual rates. These estimates are subject to revision. For more information, see "Productivity and Costs, Third Quarter 2006, revised" (PDF) (TXT), news release 06-2039.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity growth revised upward in the third quarter on the Internet at http://www.bls.gov/opub/ted/2006/dec/wk1/art03.htm (visited August 25, 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.