Productivity and Costs by Industry: Manufacturing and Mining Industries News Release — 2020-06-25
Labor productivity declines were widespread among manufacturing industries in 2019, with decreases in 54 of the 86 four-digit NAICS industries. Of the…
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Labor productivity declines were widespread among manufacturing industries in 2019, with decreases in 54 of the 86 four-digit NAICS industries. Of the 51 industries in durable manufacturing, 31 had productivity decreases in 2019 led by a 7.8 percent decline in the productivity of the HVAC and commercial refrigeration equipment industry. Nondurable manufacturing also had widespread declines in 2019 with productivity falling in 23 of 35 industries, led by a 13.1-percent decline in the other leather products industry. All four industries in the mining sector posted productivity declines in 2019 led by the coal mining industry with a decrease of 6.6 percent. Manufacturing * Labor productivity decreased in 18 of the 21 NAICS 3-digit manufacturing industries in 2019, as output declined in 17 industries and hours worked rose in 10. * The food industry had the largest productivity gain, 0.6 percent, as output increased and hours decreased.
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