Factory output and productivity higher in third quarter

November 13, 2003

Productivity in manufacturing—as measured by output per hour—increased at a seasonally adjusted annual rate of 8.6 percent in the third quarter of 2003.

Manufacturing productivity and costs: Preliminary third-quarter 2003 measures (seasonally adjusted annual rates)
[Chart data—TXT]

Output grew 2.9 percent and hours of all persons fell 5.2 percent. Total manufacturing output had decreased in each of the previous three quarters.

Hourly compensation of manufacturing workers increased an average of 4.3 percent during the third quarter of 2003, reflecting increases of 3.7 percent in durable goods and 5.3 percent in nondurable goods. When the increase in consumer prices is taken into account, real hourly compensation in total manufacturing rose 1.9 percent in the third quarter.

Unit labor costs in manufacturing decreased 4.0 percent in the third quarter of 2003, after increasing 1.9 percent in the second quarter.

These data are from the BLS Productivity and Costs program. Data are presented as seasonally adjusted annual rates and are subject to revision. Additional information is available in "Productivity and Costs, Third Quarter 2003" (PDF) (TXT), news release USDL 03-674.


Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Factory output and productivity higher in third quarter on the Internet at http://www.bls.gov/opub/ted/2003/nov/wk2/art03.htm (visited September 30, 2016).


Recent editions of Spotlight on Statistics

  • A look at healthcare spending, employment, pay, benefits, and prices
    As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.

  • 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.