Productivity and Costs by Industry: Manufacturing and Mining Industries News Release — 2019-04-23
Labor productivity declines were widespread among manufacturing industries in 2018, with decreases in 67 of the 86 four-digit NAICS industries. Of the…
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Labor productivity declines were widespread among manufacturing industries in 2018, with decreases in 67 of the 86 four-digit NAICS industries. Of the 51 industries in durable manufacturing, 41 saw productivity decreases in 2018 led by a decline in the lime and gypsum products industry of 11.8 percent. Nondurable manufacturing also had widespread declines in 2018 with productivity falling in 26 of 35 industries, led by the textile and fabric finishing mills industry with a decrease of 11.3 percent. Of the 4 industries in the mining sector, 2 posted productivity gains in 2018 led by the oil and gas extraction industry with an increase of 12.1 percent. Manufacturing * Labor productivity decreased in 16 of the 21 NAICS 3-digit manufacturing industries in 2018, as output declined in 16 industries and hours worked rose in 16.
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