Productivity and Costs by Industry: Manufacturing Industries News Release — 2015-04-28

NOTE: BLS reissued this release on June 10, 2015 to correct errors in NAICS 3121, beverages; 312, beverages and tobacco products; 3241, petroleum and coal products; 324, petroleum and coal products; and 3345, electronic instruments. Corrections have been made to tables 1, 2, and 3; no changes were required to the text or charts of the news release. Labor productivity - defined as output per hour - rose in about three-quarters of detailed manufacturing and mining industries covered in 2014, the U.S. Bureau of Labor Statistics reported today. This was higher than 2013, when labor productivity rose in about 60 percent of the covered industries. Output and hours also increased in more industries in 2014 than in the previous year. Unit labor costs, which reflect the total labor costs required to produce a unit of output, declined in 53 percent of manufacturing industries and three out of four mining industries in 2014.