U.S. flag

An official website of the United States government

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.

Https

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.

Upward revision of fourth-quarter productivity growth

March 07, 2003

Productivity in the nonfarm business sector—as measured by output per hour—increased at a revised seasonally adjusted annual rate of 0.8 percent in the fourth quarter of 2002.

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

A preliminary estimate of -0.2 percent had been reported in February, based on information available at that time. The upward revision was mostly due to a larger increase in output than originally reported.

Output in the nonfarm business sector increased 1.7 percent in the fourth quarter, revised upward from a preliminary estimate of 0.8 percent. Hours of all persons were up 0.9 percent, slightly less than the 1.0 percent previously reported.

These data are from the BLS Productivity and Costs program. Data are subject to revision. Additional information is available in "Productivity and Costs, Fourth Quarter 2002 (revised)" (PDF) (TXT), news release USDL 03-98.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Upward revision of fourth-quarter productivity growth at https://www.bls.gov/opub/ted/2003/mar/wk1/art05.htm (visited September 18, 2024).

OF INTEREST
spotlight
Recent editions of Spotlight on Statistics



triangle