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Productivity growth in the second quarter revised upward

September 07, 2006

Productivity in the nonfarm business sector—as measured by output per hour—rose 1.6 percent during the second quarter of 2006. The preliminary productivity estimate was 1.1 percent.

Previous and revised productivity and related measures, nonfarm business, second quarter 2006 (quarterly percent change at seasonally adjusted annual rates)
[Chart data—TXT]

In the second quarter of 2006, output increased 3.1 percent and hours of all persons increased 1.5 percent; the preliminary figures were 2.5 and 1.4 percent, respectively.

In the first quarter of 2006, productivity gained 4.3 percent, output increased 6.7 percent, and hours grew 2.3 percent.

These data are from the BLS Productivity and Costs program. Data in this report are seasonally adjusted annual rates. These estimates are subject to revision. Additional information is available in "Productivity and Costs, Second Quarter 2006, revised" (PDF) (TXT), news release USDL 06-1555.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity growth in the second quarter revised upward at https://www.bls.gov/opub/ted/2006/sept/wk1/art03.htm (visited October 04, 2024).

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