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Spotlight on Statistics

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February 2012

BLS Spotlight on Statistics: The Recession of 2007–2009

Chart Data

Productivity

Productivity, output, and hours worked during recessions, nonfarm business sector, quarterly periods during recessions, 1948–2009
Period	Average annual rate of change
Period	Productivity	Output	Hours
Q4 1948–Q4 1949	4.0	-1.0	-4.7
Q2 1953–Q2 1954	1.0	-3.7	-4.6
Q3 1957–Q2 1958	1.0	-6.6	-7.5
Q2 1960–Q1 1961	0.2	-2.5	-2.7
Q4 1969–Q4 1970	2.5	-0.5	-3.0
Q4 1973–Q1 1975	0.2	-4.1	-4.2
Q1 1980–Q3 1980	-1.6	-5.8	-4.3
Q3 1981–Q4 1982	-0.6	-3.1	-2.6
Q3 1990–Q1 1991	-1.3	-4.3	-3.1
Q1 2001–Q4 2001	5.2	0.6	-4.4
Q4 2007–Q2 2009	0.8	-5.3	-6.0

Source: Labor Productivity and Costs | Chart

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