Chart 2
Comparison of changes in business output and hours worked

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index (fourth quarter 2019=100) 70 75 80 85 90 95 100 105 IV 2019 I II 2020 III IV I II 2021 III IV I 2022 Business outputBusiness output Hours workedHours worked
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Comparison of changes in business output and hours worked, index (fourth quarter 2019=100)
  Business output Hours worked
Fourth quarter 2019 100.000 100.000
First quarter 2020 97.266 93.838
Second quarter 2020 84.161 72.082
Third quarter 2020 93.353 88.439
Fourth quarter 2020 95.669 92.133
First quarter 2021 96.740 95.486
Second quarter 2021 95.440 94.635
Third quarter 2021 96.724 96.938
Fourth quarter 2021 98.639 99.462
First quarter 2022 99.550 100.835
Source(s):
Special tabulations.
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