February 12, 2010 (The Editor’s Desk is updated each business day.)
Productivity increases, output and hours decline in 2009
Annual average changes in productivity and related measures, nonfarm business sector, 2005–2009
| Year |
Productivity |
Output |
Hours |
2005 |
1.7 |
3.4 |
1.7 |
2006 |
0.9 |
3.1 |
2.2 |
2007 |
1.8 |
2.3 |
0.5 |
2008 |
1.8 |
-0.1 |
-1.9 |
2009 |
2.9 |
-3.6 |
-6.4 |
These data featured in the TED article, Productivity increases, output and hours decline in 2009.
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