Productivity and Costs by Industry: Selected Service-Providing Industries News Release - 2021 A01 Results — 2022-06-30

Labor productivity rose in 24 of 30 selected service-providing industries in 2021, the U.S. Bureau of Labor Statistics reported today. Increases in both output and hours worked were widespread in 2021. Output rose in 27 industries, more than twice the 11 industries that saw increases in 2020. Hours worked increased in 18 industries in 2021. This was three times as many as the 6 industries which had growth in hours worked in 2020. In 2020, labor productivity increased in 17 of 30 industries as declines in hours outpaced declines in output for many industries. Change in productivity is approximately equal to the change in output minus the change in hours worked. In three of the six industries with the largest change in productivity, hours worked fell while output increased, leading to productivity gains.