Little revision to third-quarter productivity growth
December 08, 2004
Productivity in the nonfarm business sector—as measured by output per hour—increased at a revised seasonally adjusted annual rate of 1.8 percent in the third quarter of 2004. The preliminary estimate, made in early November, was 1.9 percent.
Output in the nonfarm business sector grew at an annual rate of 4.2 percent in the third quarter; the preliminary estimate was 4.1 percent.
Hours of all persons were up 2.4 percent, following an initially reported estimate of 2.1 percent.
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, Third Quarter 2004, Revised" (PDF) (TXT), news release USDL 04-2461.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Little revision to third-quarter productivity growth on the Internet at http://www.bls.gov/opub/ted/2004/dec/wk1/art03.htm (visited October 07, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.