2018 Fourth Quarter (Preliminary) Productivity and Costs — 2019-02-06
(NOTE: Due to the lapse in appropriations for some federal agencies providing source data, nonfarm business productivity and all unit labor costs…
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(NOTE: Due to the lapse in appropriations for some federal agencies providing source data, nonfarm business productivity and all unit labor costs data are not available for fourth quarter and annual average 2018. These data will be released in the future.) Manufacturing sector labor productivity increased 1.3 percent during the fourth quarter of 2018, the U.S. Bureau of Labor Statistics reported today, as output increased 2.3 percent and hours worked increased 1.0 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) From the fourth quarter of 2017 to the fourth quarter of 2018, manufacturing productivity increased 0.7 percent, reflecting a 2.8-percent increase in output and a 2.1-percent increase in hours worked. (See tables A1 and 3.) Annual average productivity increased 0.6 percent from 2017 to 2018. (See table C1.) Durable manufacturing labor productivity increased 2.6 percent, with output increasing 5.7 percent and hours increasing 3.0 percent.
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