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Productivity, output, and hours worked, second quarter 2013

August 20, 2013

Nonfarm business sector labor productivity increased at a 0.9-percent annual rate during the second quarter of 2013. The increase in productivity reflects increases of 2.6 percent in output and 1.7 percent in hours worked.

 

Over-the-year change in hours, output, and labor productivity, nonfarm business sector, first quarter 2011–second quarter 2013
Over-the-year change in hours, output, and labor productivity, nonfarm business sector, first quarter 2011–second quarter 2013
Year and quarterPercent change from corresponding quarter of previous year
HoursOutputLabor productivity

2011 I

1.2-2.1-3.2

2011 II

2.84.71.9

2011 III

1.71.70.0

2011 IV

2.95.92.9

2012 I

3.45.01.5

2012 II

0.41.61.2

2012 III

1.64.12.5

2012 IV

2.40.7-1.7

2013 I

1.5-0.3-1.7

2013 II (p)

1.72.60.9

Footnotes:
(p) = preliminary.
 

From the second quarter of 2012 to the second quarter of 2013, productivity was unchanged as output and hours worked both increased 1.8 percent.

These data are from the BLS Labor Productivity and Costs program, are seasonally adjusted, and are subject to revision. To learn more, see “Productivity and Costs — Second Quarter 2013, Preliminary,” (HTML) (PDF), news release USDL-13-1628. 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, Productivity, output, and hours worked, second quarter 2013 at https://www.bls.gov/opub/ted/2013/ted_20130820.htm (visited December 09, 2024).

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