Productivity and Costs by Industry: Manufacturing and Mining Industries News Release - 2022 A01 Results — 2023-04-27
Labor productivity declines were widespread among manufacturing industries in 2022, with decreases in 66 of the 86 four-digit NAICS manufacturing industries, the…
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Labor productivity declines were widespread among manufacturing industries in 2022, with decreases in 66 of the 86 four-digit NAICS manufacturing industries, the U.S. Bureau of Labor Statistics reported today. Of the 51 industries in durable manufacturing, 37 had productivity decreases in 2022 led by a decline of 11.7 percent in the motor vehicle industry. Nondurable manufacturing also had widespread declines in 2022 with productivity falling in 29 of 35 industries, led by a 16.9-percent decline in the cut and sew apparel industry. Productivity fell in 3 of the 5 mining industries in 2022 with the greatest decrease occurring in the coal mining industry (-12.2 percent). Increases in hours worked were widespread among manufacturing and mining industries in 2022. Hours worked rose in 79 of the 91 industries in 2022. Forty-one industries increased both output and hours worked in 2022.
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