The Recession of 2007–2009: BLS Spotlight on Statistics

Productivity

Productivity, output, and hours worked during recessions, nonfarm business sector, quarterly periods during recessions, 1948–2009
Period	Average annual rate of change
Period	Productivity	Output	Hours
Q4 1948–Q4 1949	4.0	-1.0	-4.7
Q2 1953–Q2 1954	1.0	-3.7	-4.6
Q3 1957–Q2 1958	1.0	-6.6	-7.5
Q2 1960–Q1 1961	0.2	-2.5	-2.7
Q4 1969–Q4 1970	2.5	-0.5	-3.0
Q4 1973–Q1 1975	0.2	-4.1	-4.2
Q1 1980–Q3 1980	-1.6	-5.8	-4.3
Q3 1981–Q4 1982	-0.6	-3.1	-2.6
Q3 1990–Q1 1991	-1.3	-4.3	-3.1
Q1 2001–Q4 2001	5.2	0.6	-4.4
Q4 2007–Q2 2009	0.8	-5.3	-6.0