Productivity growth in the second quarter revised upward
September 07, 2006
Productivity in the nonfarm business sector—as measured by output per hour—rose 1.6 percent during the second quarter of 2006. The preliminary productivity estimate was 1.1 percent.
In the second quarter of 2006, output increased 3.1 percent and hours of all persons increased 1.5 percent; the preliminary figures were 2.5 and 1.4 percent, respectively.
In the first quarter of 2006, productivity gained 4.3 percent, output increased 6.7 percent, and hours grew 2.3 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, Second Quarter 2006, revised" (PDF) (TXT), news release USDL 06-1555.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity growth in the second quarter revised upward on the Internet at http://www.bls.gov/opub/ted/2006/sept/wk1/art03.htm (visited March 30, 2015).
Three recent editions of Spotlight on Statistics
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.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.