Productivity up in first quarter
May 02, 2003
Nonfarm business sector productivity—as measured by output per hour—rose at a seasonally adjusted annual rate of 1.6 percent in the first quarter of 2003.
Output increased 1.4 percent and hours of all persons dropped 0.1 percent in the first quarter. In the fourth quarter of 2002, productivity had increased 0.7 percent, as output rose 1.7 percent and hours increased by 0.9 percent.
These data are a from the BLS Productivity and Costs program. Data are subject to revision. Additional information is available in "Productivity and Costs, First Quarter 2003" (PDF) (TXT), news release USDL 03-202.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity up in first quarter on the Internet at http://www.bls.gov/opub/ted/2003/apr/wk4/art05.htm (visited October 21, 2014).
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