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 December 02, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.