Productivity growth in 2001
February 07, 2002
Productivity in the nonfarm business sector, as measured by output per hour, rose 1.8 percent in 2001. This was the smallest annual productivity gain since 1995, when output per hour increased 0.9 percent.
The rise in productivity during 2001 was due to a 0.8-percent growth in output and a 0.9-percent drop in hours. During 2000, productivity increased 3.3 percent, as output grew 4.5 percent and hours of all persons increased 1.1 percent.
These data are a product of the BLS Productivity and Costsprogram. Data are subject to revision. Additional information is available in "Productivity and Costs, Fourth-Quarter and Annual Averages for 2001 (Preliminary)," news release USDL 02-64.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity growth in 2001 on the Internet at https://www.bls.gov/opub/ted/2002/feb/wk1/art04.htm (visited January 18, 2018).
Recent editions of Spotlight on Statistics
Industry on Tap: Breweries
A look at employment, wages, and job safety in breweries and producer prices for beer.
Differences in Parents’ Time Use between the Summer and the School Year
A look at how parents of school-age children spend their time in the summer and the school year.
Hispanics in the United States: Celebrating National Hispanic Heritage Month
A look at employment, earnings, consumer spending, time use, and workplace injuries and illnesses for the Hispanic or Latino U.S. population.
Expenditures on Admissions to the Arts, Movies, Sporting Events, and Other Entertainment
A look at consumer spending and attendance at arts, sports, and entertainment events.