U.S. factory productivity gain in 2001 was fourth highest
September 30, 2002
United States manufacturing output per hour increased by 1.9 percent in 2001, the fourth largest increase among the 12 countries for which comparable data are available—the United States, Canada, Japan, Korea, Taiwan, and seven European countries.
While manufacturing labor productivity continued to grow in 10 of the 12 countries, Canada and Japan experienced their first declines in output per hour since 1998 and 1986, respectively. The U.S. productivity measure posted its lowest annual growth rate since 1991.
These data are a product of the BLS Foreign Labor Statistics program. Labor productivity is measured here as output per hour. Data are subject to revision. Additional information is available in "International Comparisons of Manufacturing Productivity and Unit Labor Cost Trends, 2001," news release USDL 02-543.
Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, U.S. factory productivity gain in 2001 was fourth highest on the Internet at http://www.bls.gov/opub/ted/2002/sept/wk5/art01.htm (visited April 23, 2014).
Spotlight on Statistics: Productivity
This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy. Read more »