Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.


The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Third-quarter productivity growth revised upward

February 06, 2003

Productivity in the nonfarm business sector—as measured by output per hour—increased at a revised seasonally adjusted annual rate of 5.1 percent in the third quarter of 2002. A preliminary estimate of 4.0 percent had been reported in November. The upward revision was due to a larger increase in output than originally reported.

Previous and revised productivity and related measures, nonfarm business, third quarter 2002 (quarterly percent change at seasonally adjusted annual rates)
[Chart data—TXT]

Output in the nonfarm business sector increased 5.1 percent in the third quarter, revised upward from a preliminary estimate of 4.1 percent. Hours of all persons were unchanged, as employment rose 0.6 percent, while average weekly hours fell 0.6 percent.

The third quarter productivity increase was higher than the 1.7-percent rise in the second quarter, but lower than the 8.6-percent increase registered in the first quarter of the year.

These data are from the BLS Productivity and Costs program. Data are subject to revision. Additional information is available in "Productivity and Costs, Third Quarter 2002 (revised)" (PDF) (TXT), news release USDL 02-668.


Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Third-quarter productivity growth revised upward at (visited May 28, 2024).

Recent editions of Spotlight on Statistics