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Factory productivity in the first quarter

June 09, 2004

Productivity in the manufacturing sector—as measured by output per hour of all persons—rose at a seasonally adjusted annual rate of 2.9 percent in the first quarter of 2004.

Growth in output per hour of all persons, manufacturing, seasonally adjusted, 2002 I-2004 I (percent change from previous quarter at annual rate)
[Chart data—TXT]

Factory output grew 5.8 percent and working hours of all persons increased 2.8 percent in the first quarter. In the fourth quarter of 2003, productivity had risen 4.8 percent, reflecting output growth of 6.2 percent and hours growth of 1.4 percent.

In durable goods industries, productivity grew 5.9 percent in the first quarter, as output expanded 9.3 percent and hours rose 3.2 percent. In nondurable goods industries, productivity fell 0.7 percent, as output grew 1.4 percent and hours grew faster, 2.1 percent.

These data are from the BLS Productivity and Costs program. Data are subject to revision. For more information, see the "Productivity and Costs, First Quarter 2004, Revised" (PDF) (TXT), news release USDL 04-995.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Factory productivity in the first quarter on the Internet at http://www.bls.gov/opub/ted/2004/jun/wk2/art03.htm (visited October 23, 2014).

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