Factory productivity growth in 2004
March 04, 2005
Productivity, as measured by output per hour, increased 5.2 percent in the manufacturing sector in 2004, the same as in 2003.
The 5.2-percent growth in productivity in 2004 resulted from an increase in output of 4.8 percent and a decline in hours of 0.4 percent.
In contrast, the gain in manufacturing productivity in 2003 was the result of unchanged output and a 4.9-percent decline in hours.
These data are a product of the BLS Productivity and Costs program. Data are subject to revision. Additional information is available in "Productivity and Costs, Fourth Quarter and Annual Averages for 2004, Revised" (PDF) (TXT), news release USDL 05-344.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Factory productivity growth in 2004 on the Internet at http://www.bls.gov/opub/ted/2005/feb/wk4/art05.htm (visited December 01, 2015).
Recent editions of Spotlight on Statistics
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.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.