Nonfarm business labor productivity up 2.5 percent, Q2 2014

August 12, 2014

Nonfarm business sector labor productivity (or output per hour) increased at a 2.5 percent annual rate during the second quarter of 2014, as hours increased 2.7 percent and output increased 5.2 percent. 

 

Productivity, output, and hours, percent change from previous quarter at annual rate, nonfarm business and manufacturing, first quarter 2004–second quarter 2014
QuarterNonfarm businessManufacturingDurable manufacturingNondurable manufacturing
ProductivityOutputHoursProductivityOutputHoursProductivityOutputHoursProductivityOutputHours

Qtr 1 2004

-0.11.61.8-1.30.61.9-3.01.34.52.20.0-2.2

Qtr 2 2004

4.04.20.23.61.5-2.01.5-0.3-1.86.53.9-2.4

Qtr 3 2004

1.34.02.62.42.50.10.82.71.95.52.5-2.9

Qtr 4 2004

1.33.52.27.75.6-1.97.86.0-1.67.85.1-2.4

Qtr 1 2005

4.45.20.77.96.4-1.48.38.3-0.18.04.2-3.5

Qtr 2 2005

-0.42.12.64.72.0-2.65.53.3-2.14.00.5-3.4

Qtr 3 2005

3.03.90.90.0-1.1-1.11.82.30.5-0.8-4.7-4.0

Qtr 4 2005

0.22.82.60.55.14.65.711.35.3-4.7-1.33.6

Qtr 1 2006

2.56.33.70.12.72.5-0.31.92.30.73.73.0

Qtr 2 2006

-0.30.81.1-1.7-0.31.5-1.71.33.1-0.7-2.0-1.3

Qtr 3 2006

-1.80.52.33.70.5-3.25.30.0-5.01.01.10.1

Qtr 4 2006

3.24.51.25.30.7-4.44.90.4-4.26.01.1-4.7

Qtr 1 2007

0.40.50.14.33.3-0.96.34.5-1.71.72.10.4

Qtr 2 2007

2.64.11.44.25.41.28.19.31.1-0.21.11.4

Qtr 3 2007

4.63.4-1.23.10.8-2.22.40.9-1.54.40.8-3.5

Qtr 4 2007

1.80.8-0.95.20.8-4.18.42.1-5.90.6-0.4-1.0

Qtr 1 2008

-3.9-5.1-1.2-0.1-2.8-2.7-1.9-3.1-1.22.7-2.6-5.2

Qtr 2 2008

4.02.0-1.9-5.5-7.0-1.6-8.2-9.5-1.4-3.1-5.1-2.1

Qtr 3 2008

1.0-3.2-4.2-5.3-13.2-8.3-6.0-16.7-11.4-8.4-10.8-2.6

Qtr 4 2008

-2.5-11.8-9.6-6.8-21.1-15.3-18.9-31.0-15.06.0-10.7-15.8

Qtr 1 2009

3.2-7.3-10.1-2.6-22.8-20.7-13.2-34.5-24.52.9-11.5-13.9

Qtr 2 2009

7.9-1.2-8.46.5-9.9-15.41.3-19.1-20.25.5-2.0-7.1

Qtr 3 2009

6.00.9-4.812.87.8-4.418.911.8-6.04.92.9-1.9

Qtr 4 2009

4.85.10.37.26.8-0.48.88.7-0.16.45.5-0.8

Qtr 1 2010

2.22.20.05.47.21.811.213.31.91.73.31.6

Qtr 2 2010

1.34.73.47.511.63.815.419.13.21.05.84.8

Qtr 3 2010

2.34.11.81.05.54.42.910.87.61.71.2-0.4

Qtr 4 2010

1.53.82.31.41.2-0.22.73.71.01.7-0.4-2.1

Qtr 1 2011

-3.2-2.50.80.92.71.82.86.83.90.8-0.8-1.6

Qtr 2 2011

1.34.53.1-3.2-0.42.9-5.0-0.15.20.7-0.2-0.8

Qtr 3 2011

-0.91.12.04.65.00.47.68.00.42.02.30.4

Qtr 4 2011

3.15.82.6-0.64.14.80.57.97.4-0.10.40.5

Qtr 1 2012

0.23.33.24.27.53.18.812.23.1-0.62.63.2

Qtr 2 2012

1.82.30.52.13.41.34.76.71.9-0.6-0.20.4

Qtr 3 2012

1.73.72.00.81.91.11.42.00.6-0.21.71.9

Qtr 4 2012

-2.00.12.22.32.70.43.74.10.30.61.20.7

Qtr 1 2013

0.82.41.63.14.81.73.46.42.93.43.1-0.3

Qtr 2 2013

0.52.01.53.71.5-2.25.22.9-2.12.2-0.1-2.3

Qtr 3 2013

3.65.61.90.51.71.12.03.61.6-0.8-0.40.4

Qtr 4 2013

3.34.71.41.34.73.42.66.94.20.32.32.0

Qtr 1 2014

-4.5-2.42.13.21.5-1.63.41.7-1.62.81.4-1.4

Qtr 2 2014

2.55.22.73.67.03.22.98.85.75.95.0-0.9

 

Manufacturing sector productivity increased 3.6 percent in the second quarter of 2014, as output increased 7.0 percent and hours worked increased 3.2 percent. Productivity increased 2.9 percent in the durable goods sector and increased 5.9 percent in the nondurable goods sector.

These data are from the BLS Labor Productivity and Costs program. All quarterly percent changes shown are seasonally adjusted annual rates and are subject to revision. To learn more, see "Productivity and Costs — Second Quarter 2014, Preliminary," (HTML) (PDF), news release USDL‑14-1431. Labor productivity, or output per hour, is calculated by dividing an index of real output by an index of hours worked for all persons, including employees, proprietors, and unpaid family workers. 

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Nonfarm business labor productivity up 2.5 percent, Q2 2014 on the Internet at http://www.bls.gov/opub/ted/2014/ted_20140812.htm (visited November 27, 2014).

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