May 07, 2004
Nonfarm business sector productivity—as measured by output per hour—rose at a seasonally adjusted annual rate of 3.5 percent in the first quarter of 2004.
Output increased 4.9 percent and hours of all persons increased 1.3 percent in the first quarter. In the fourth quarter of 2003, productivity had risen 2.5 percent, reflecting increases in output and hours of 4.2 and 1.6 percent, respectively.
These data are from the BLS Productivity and Costs program. Data are subject to revision. Additional information is available in "Productivity and Costs, First Quarter 2004" (PDF) (TXT), news release USDL 04-817.
Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Productivity growth in first quarter on the Internet at http://www.bls.gov/opub/ted/2004/may/wk1/art05.htm (visited July 30, 2014).
This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy. Read more »