05242019Fri
Last updateThu, 23 May 2019 6pm

i

Manufacturing & The Economy

Manufacturing Labor Productivity Up 2% Last Quarter

Manufacturing sector labor productivity increased 2.0% in the fourth quarter of 2018, as output increased 2.7% and hours worked rose 0.8%. Productivity increased 3.3% in the durable manufacturing sector in the fourth quarter of 2018. Over the last four quarters, total manufacturing sector productivity increased 1.0%, as output increased 2.9% and hours worked increased 1.9%. Unit labor costs in manufacturing increased 2.2% in the fourth quarter of 2018 and rose 0.8% from the same quarter a year ago. 

Subscribe Fall18

FREE SUBSCRIPTION*

• Print magazine
Digital magazine
• VALVE eNews
Read the latest issue

*to qualified valve professionals in the U.S./Canada

NEW BASICS 2019 300x250

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, visit the Valve Careers YouTube channel to watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association

  • Latest Post

  • Popular

  • Links

  • Events

New Products