Productivity And Costs — 1995-06-21

The June 14, 1995, Productivity and Costs news release contained some incorrect data for manufacturing and durable and nondurable manufacturing. Revised manufacturing output measures based on 1993 gross product originating data were incompletely incorporated into the release. Data in those industries for 1993, 1994, and 1995 are corrected in this release. Except for the growth rate of manufacturing output for the first quarter of 1995 being reported as 5.0 percent instead of the correct figure of 5.1 percent in tables A and D, all errors were confined to tables 3-5. All data for business, nonfarm business, and nonfinancial corporations in the June 14 release were correct. 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 1995. The revised seasonally-adjusted annual rates of productivity change in the first quarter were: 2.2 percent in the business sector, and 2.7 percent in the nonfarm business sector.