Factory productivity growth in first quarter 2005
June 03, 2005
Productivity in the manufacturing sector—as measured by output per hour—increased at a revised seasonally adjusted annual rate of 4.4 percent in the first quarter of 2005. The preliminary estimate, published in early May, was 3.9 percent.
Output in manufacturing grew at an annual rate of 3.5 percent in the first quarter; the preliminary estimate was 3.3 percent.
Hours of all persons were down 0.9 percent; initially a decrease of 0.7 percent was reported.
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, First Quarter 2005, Revised" (PDF) (TXT), news release USDL 05-964.
Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Factory productivity growth in first quarter 2005 on the Internet at http://www.bls.gov/opub/ted/2005/may/wk5/art04.htm (visited March 09, 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 »