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The Economics Daily

Trends in manufacturing output and hours worked, 2007–2026

June 11, 2026
One way Llabor productivity growth occurs is when output grows at a faster rate than hours worked. In the manufacturing sector, labor productivity had been slowly declining since 2011 but saw a small rebound in growth starting in 20235. Specifically, there has been a difference between output growth and growth in hours worked, the latter of which has been declining. Full Text »

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