August 08, 2001
Manufacturing productivity, as measured by output per hour, fell at a seasonally adjusted annual rate of 0.2 percent in the second quarter of 2001, after falling 3.6 percent in the previous quarter. These were the first consecutive declines in manufacturing productivity since the second and third quarters of 1993.
The decline in productivity in the second quarter of 2001 reflected a 5.8-percent drop in output and a 5.6-percent drop in hours of all persons (seasonally adjusted annual rates). In the previous quarter, output fell 8.1 percent and hours dropped 4.7 percent.
These data are a product of the BLS Quarterly Labor Productivityprogram. Data are subject to revision. Additional information is available in Productivity and Costs, Second Quarter 2001 (preliminary)news release USDL 01-248.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Manufacturing productivity falls for second quarter in a row on the Internet at http://www.bls.gov/opub/ted/2001/aug/wk1/art03.htm (visited August 03, 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.