Table 2
Open in new tab

Peak-to-trough percentage changes in real output, employment and total hours

IndustriesPeakTrough% Change
GD
 Engineering and metal working
  Real output (Q)19291932–24.3
  Employment (E)19291932–19.8
  Labour hours (H = E.h)19291932–25.8
 Total manufacturing
  Real output (Q)19291931–10.8
  Employment (E)19291931–13.2
GR
 Basic metals and metal products
  Real output (Q)2007 Q42009 Q3–23.6
  Employment (E)2008 Q22010 Q3–15.5
  Labour hours (H = E.h)2008 Q12011 Q2–15.0
 Machinery and equipment
  Real output (Q)2007 Q42009 Q3–24.4
  Employment (E)2008 Q32010 Q2–12.5
  Labour hours (H = E.h)2008Q32009 Q2–13.0
 Transport Equipment
  Real output (Q)2008 Q12009 Q1–20.9
  Employment (E)2008 Q12010 Q1–6.5
  Labour hours (H = E.h)2008 Q12009 Q1–9.3
 Total manufacturing
  Real output (Q)2008 Q12009 Q3–12.6
  Employment (E)2007 Q22010 Q1–11.6
  Labour hours (H = E.h)2008 Q12009 Q4–10.4
IndustriesPeakTrough% Change
GD
 Engineering and metal working
  Real output (Q)19291932–24.3
  Employment (E)19291932–19.8
  Labour hours (H = E.h)19291932–25.8
 Total manufacturing
  Real output (Q)19291931–10.8
  Employment (E)19291931–13.2
GR
 Basic metals and metal products
  Real output (Q)2007 Q42009 Q3–23.6
  Employment (E)2008 Q22010 Q3–15.5
  Labour hours (H = E.h)2008 Q12011 Q2–15.0
 Machinery and equipment
  Real output (Q)2007 Q42009 Q3–24.4
  Employment (E)2008 Q32010 Q2–12.5
  Labour hours (H = E.h)2008Q32009 Q2–13.0
 Transport Equipment
  Real output (Q)2008 Q12009 Q1–20.9
  Employment (E)2008 Q12010 Q1–6.5
  Labour hours (H = E.h)2008 Q12009 Q1–9.3
 Total manufacturing
  Real output (Q)2008 Q12009 Q3–12.6
  Employment (E)2007 Q22010 Q1–11.6
  Labour hours (H = E.h)2008 Q12009 Q4–10.4

Source: Author’s calculations.

Table 2
Open in new tab

Peak-to-trough percentage changes in real output, employment and total hours

IndustriesPeakTrough% Change
GD
 Engineering and metal working
  Real output (Q)19291932–24.3
  Employment (E)19291932–19.8
  Labour hours (H = E.h)19291932–25.8
 Total manufacturing
  Real output (Q)19291931–10.8
  Employment (E)19291931–13.2
GR
 Basic metals and metal products
  Real output (Q)2007 Q42009 Q3–23.6
  Employment (E)2008 Q22010 Q3–15.5
  Labour hours (H = E.h)2008 Q12011 Q2–15.0
 Machinery and equipment
  Real output (Q)2007 Q42009 Q3–24.4
  Employment (E)2008 Q32010 Q2–12.5
  Labour hours (H = E.h)2008Q32009 Q2–13.0
 Transport Equipment
  Real output (Q)2008 Q12009 Q1–20.9
  Employment (E)2008 Q12010 Q1–6.5
  Labour hours (H = E.h)2008 Q12009 Q1–9.3
 Total manufacturing
  Real output (Q)2008 Q12009 Q3–12.6
  Employment (E)2007 Q22010 Q1–11.6
  Labour hours (H = E.h)2008 Q12009 Q4–10.4
IndustriesPeakTrough% Change
GD
 Engineering and metal working
  Real output (Q)19291932–24.3
  Employment (E)19291932–19.8
  Labour hours (H = E.h)19291932–25.8
 Total manufacturing
  Real output (Q)19291931–10.8
  Employment (E)19291931–13.2
GR
 Basic metals and metal products
  Real output (Q)2007 Q42009 Q3–23.6
  Employment (E)2008 Q22010 Q3–15.5
  Labour hours (H = E.h)2008 Q12011 Q2–15.0
 Machinery and equipment
  Real output (Q)2007 Q42009 Q3–24.4
  Employment (E)2008 Q32010 Q2–12.5
  Labour hours (H = E.h)2008Q32009 Q2–13.0
 Transport Equipment
  Real output (Q)2008 Q12009 Q1–20.9
  Employment (E)2008 Q12010 Q1–6.5
  Labour hours (H = E.h)2008 Q12009 Q1–9.3
 Total manufacturing
  Real output (Q)2008 Q12009 Q3–12.6
  Employment (E)2007 Q22010 Q1–11.6
  Labour hours (H = E.h)2008 Q12009 Q4–10.4

Source: Author’s calculations.

Close
This Feature Is Available To Subscribers Only

Sign In or Create an Account

Close

This PDF is available to Subscribers Only

View Article Abstract & Purchase Options

For full access to this pdf, sign in to an existing account, or purchase an annual subscription.

Close