Productivity by Industry, 1993 — 1995-02-28
The Bureau of Labor Statistics of the U.S. Department of Labor today reported on productivity movements in 1993 for a number of…
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The Bureau of Labor Statistics of the U.S. Department of Labor today reported on productivity movements in 1993 for a number of industries. Productivity--as measured by output per employee hour--has been updated through 1993 for all of the industries in mining, communications, utilities, trade, and services that BLS measures. A number of transportation and manufacturing industries also have been updated to 1993, including many of the largest (employing over 200,000 persons) measured by BLS (table 1). Within the manufacturing sector, 1993 data are available for 21 industries, 16 of which experienced productivity increases. Among the manufacturing industries recording productivity increases in 1993 were motor vehicles and equipment (SIC 371) and steel (SIC 331), which together employed over a million persons. In the motor vehicles and equipment industry, productivity rose 3.4 percent; in the steel industry, productivity grew 12.4 percent.
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