Productivity and Costs by Industry: Manufacturing and Mining Industries News Release - 2023 A01 Results — 2024-04-25

Labor productivity declines were widespread among manufacturing industries in 2023, with decreases in 60 of the 86 four-digit NAICS manufacturing industries, the U.S. Bureau of Labor Statistics reported today. Of the 51 industries in durable manufacturing, 41 had productivity decreases in 2023 led by a decline of 15.2 percent in the motor vehicle bodies and trailers manufacturing industry. Although not as widespread compared to durable goods, productivity declined in 19 of 35 nondurable goods manufacturing industries led by a 9.4-percent decline in the basic chemicals industry. Productivity fell in 3 of the 5 mining industries in 2023 with the greatest decrease occurring in the support activities for mining industry (-5.5 percent). (See table 1.) Hours worked decreased in 44 of the 86 four-digit manufacturing industries in 2023. Hours worked increased in 4 of 5 mining industries with support activities for mining the highest at 8.1 percent.