Output, hours, and productivity in the second quarter of 2011
August 11, 2011
From the second quarter of 2010 to the second quarter of 2011, nonfarm business sector output increased 2.5 percent while hours rose 1.6 percent, yielding an increase in labor productivity of 0.8 percent.
Over the last four quarters, manufacturing sector productivity increased 2.3 percent as output rose 4.4 percent and hours increased 2.1 percent
Productivity increased 2.5 percent in the durable goods sector from the second quarter of 2010 to the second quarter of 2011 as output rose 7.2 percent and hours increased 4.6 percent.
Nondurable goods manufacturing productivity increased 3.5 percent as output increased 1.7 percent and hours decreased 1.8 percent.
These data are from the BLS Productivity and Costs program. These estimates are preliminary and subject to revision. Additional information, including the change from the previous quarter, can be found in "Productivity and Costs, Second Quarter 2011, Preliminary" (HTML) (PDF), news release USDL-11-1185. Labor productivity, or output per hour, is calculated by dividing an index of real output by an index of hours of all persons, including employees, proprietors, and unpaid family workers.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Output, hours, and productivity in the second quarter of 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110811.htm (visited October 23, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.