Last updateThu, 23 May 2019 6pm


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. 

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