February 08, 2001
Productivity in the nonfarm business sector, as measured by output per hour, rose 4.3 percent in 2000. The increase was the biggest since a 4.5-percent rise in 1983.
The increase in productivity during 2000 was due to a 5.7-percent growth in output and a 1.3-percent rise in hours. During 1999, productivity increased 2.6 percent, as output grew 4.8 percent and hours of all persons increased 2.2 percent.
These data are a product of the BLS Quarterly Labor Productivityprogram. Data are subject to revision. Additional information is available in "Productivity and Costs, Fourth-Quarter and Annual Averages for 2000 (Preliminary)," news release USDL 01-40.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Strong productivity growth in 2000 at https://www.bls.gov/opub/ted/2001/feb/wk1/art04.htm (visited August 15, 2022).