Thursday, June 04, 2009
Tweet[IWS] BLS: PRODUCTIVITY AND COSTS First Quarter 2009, Revised [4 June 2009]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
PRODUCTIVITY AND COSTS First Quarter 2009, Revised [4 June 2009]
http://www.bls.gov/news.release/prod2.nr0.htm
or
http://www.bls.gov/news.release/pdf/prod2.pdf
[full-text, 16 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/prod2.supp.toc.htm
The Bureau of Labor Statistics of the U.S. Department of
Labor today reported revised productivity data--as measured by
output per hour of all persons--for the first quarter of 2009.
The revised seasonally adjusted annual rates of productivity
change in the first quarter were:
1.8 percent in the business sector and
1.6 percent in the nonfarm business sector.
In both sectors, the first-quarter productivity gains were greater
than the preliminary estimates reported on May 7, due solely to
revisions to output growth.
In manufacturing, the revised productivity changes in the
first quarter were:
-2.7 percent in manufacturing,
-10.4 percent in durable goods manufacturing, and
1.9 percent in nondurable goods manufacturing.
Manufacturing productivity in the first quarter of 2009 fell
at a slower rate than was reported on May 7. Output and hours in
manufacturing, which includes about 11 percent of U.S. business-
sector employment, tend to vary more from quarter to quarter than
data for the aggregate business and nonfarm business sectors.
First-quarter measures are summarized in table A and appear in
detail in tables 1 through 5.
The data sources and methods used in the preparation of the
manufacturing series differ from those used in preparing the
business and nonfarm business series, and these measures are not
directly comparable. Output measures for business and nonfarm
business are based on measures of gross domestic product prepared
by the Bureau of Economic Analysis of the U.S. Department of
Commerce. Quarterly output measures for manufacturing reflect
indexes of industrial production prepared by the Board of
Governors of the Federal Reserve System. See Technical Notes for
further information on data sources.
AND MORE...including TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
PRODUCTIVITY AND COSTS First Quarter 2009, Revised [4 June 2009]
http://www.bls.gov/news.release/prod2.nr0.htm
or
http://www.bls.gov/news.release/pdf/prod2.pdf
[full-text, 16 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/prod2.supp.toc.htm
The Bureau of Labor Statistics of the U.S. Department of
Labor today reported revised productivity data--as measured by
output per hour of all persons--for the first quarter of 2009.
The revised seasonally adjusted annual rates of productivity
change in the first quarter were:
1.8 percent in the business sector and
1.6 percent in the nonfarm business sector.
In both sectors, the first-quarter productivity gains were greater
than the preliminary estimates reported on May 7, due solely to
revisions to output growth.
In manufacturing, the revised productivity changes in the
first quarter were:
-2.7 percent in manufacturing,
-10.4 percent in durable goods manufacturing, and
1.9 percent in nondurable goods manufacturing.
Manufacturing productivity in the first quarter of 2009 fell
at a slower rate than was reported on May 7. Output and hours in
manufacturing, which includes about 11 percent of U.S. business-
sector employment, tend to vary more from quarter to quarter than
data for the aggregate business and nonfarm business sectors.
First-quarter measures are summarized in table A and appear in
detail in tables 1 through 5.
The data sources and methods used in the preparation of the
manufacturing series differ from those used in preparing the
business and nonfarm business series, and these measures are not
directly comparable. Output measures for business and nonfarm
business are based on measures of gross domestic product prepared
by the Bureau of Economic Analysis of the U.S. Department of
Commerce. Quarterly output measures for manufacturing reflect
indexes of industrial production prepared by the Board of
Governors of the Federal Reserve System. See Technical Notes for
further information on data sources.
AND MORE...including TABLES....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 9:31 AM
