September 07, 2006 (The Editor’s Desk is updated each business day.)
Productivity growth in the second quarter revised upward
Productivity in the nonfarm business sector—as measured by output per hour—rose 1.6 percent during the second quarter of 2006. The preliminary productivity estimate was 1.1 percent.
[Chart data—TXT]
In the second quarter of 2006, output increased 3.1 percent and hours of all persons increased 1.5 percent; the preliminary figures were 2.5 and 1.4 percent, respectively.
In the first quarter of 2006, productivity gained 4.3 percent, output increased 6.7 percent, and hours grew 2.3 percent.
These data are from the BLS Productivity and Costs program. Data in this report are seasonally adjusted annual rates. These estimates are subject to revision. Additional information is available in "Productivity and Costs, Second Quarter 2006, revised" (PDF) (TXT),
news release USDL 06-1555.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
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