Productivity growth in 2007
February 07, 2008
Productivity, as measured by output per hour, increased 1.6 percent in the nonfarm business sector in 2007, reflecting increases of 2.3 percent in output and 0.7 percent in hours.
Productivity grew by 1.0 percent from 2005 to 2006.
From 2000 to 2005, output per hour grew at an average annual rate of 3.0 percent in the nonfarm business sector. Between 1990 and 2000, productivity rose 2.0 percent per year.
These data are from the BLS Productivity and Costs program. Data are subject to revision. For more information, see the "Productivity and Costs, Preliminary Fourth Quarter and Annual Averages for 2007" (PDF) (HTML), news release USDL 08-0171.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity growth in 2007 on the Internet at http://www.bls.gov/opub/ted/2008/feb/wk1/art04.htm (visited May 22, 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.