March 09, 2001
Labor productivity—as measured by output per hour—increased 10.5 percent in durable goods manufacturing in 2000. This was the largest increase in the 51-year history of this series.
The gain in productivity in durable goods manufacturing reflected a 10.0-percent output increase and a decline of 0.5 percent in hours. In nondurable manufacturing, productivity rose 3.2 percent in 2000, as output grew 1.2 percent and hours of all persons declined 2.0 percent.
Overall, productivity in manufacturing grew 7.1 percent in 2000. As with durable goods, this was the largest increase recorded in the history of this measure.
These data are a product of the BLS Quarterly Labor Productivityprogram. Data are subject to revision. Additional information is available in "Productivity and Costs, Fourth Quarter 2000 (revised)," news release USDL 01-56.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Fastest productivity growth ever in durable goods manufacturing last year on the Internet at http://www.bls.gov/opub/ted/2001/mar/wk1/art05.htm (visited July 06, 2015).
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.