First quarter 2009 productivity growth revised upward
June 05, 2009
During the first quarter of 2009, productivity—as measured by output per hour—rose 1.6 percent in the nonfarm business sector; output fell 7.6 percent and hours of all persons fell 9.0 percent. Productivity growth for the first quarter was originally estimated at 0.8 percent.
The decrease in hours, 9.0 percent, was the largest since the first quarter of 1975, when hours fell 12.0 percent.
Over the last four quarters, productivity in the nonfarm business sector grew 1.9 percent. This growth rate was lower than the 2.5-percent average rate of growth from 2000 to 2007.
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. Additional information is available in "Productivity and Costs, First Quarter 2009, Revised" (PDF) (HTML), news release USDL 09-0587.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, First quarter 2009 productivity growth revised upward on the Internet at http://www.bls.gov/opub/ted/2009/jun/wk1/art05.htm (visited May 04, 2016).
Recent editions of Spotlight on Statistics
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.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.