Second quarter 2009 productivity growth revised
September 03, 2009
During the second quarter of 2009, nonfarm business sector productivity—as measured by output per hour—increased at an annual rate of 6.6 percent; revised from the initial estimate of 6.4 percent.
The 6.6 percent increase was the largest productivity increase since the third quarter of 2003, and reflects declines of 1.5 percent in output and 7.6 percent in hours worked.
From the second quarter of 2008 to the second quarter of 2009, output fell 5.5 percent while hours fell 7.2 percent, yielding an increase in productivity of 1.9 percent.
Nonfarm business activity increased at an annual rate of 2.5 percent from 2000 through 2008.
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, Second Quarter 2009, Revised" (HTML) (PDF), news release USDL 09-1066.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Second quarter 2009 productivity growth revised on the Internet at https://www.bls.gov/opub/ted/2009/ted_20090903.htm (visited January 16, 2017).
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.