International manufacturing productivity, 2008
October 27, 2009
In all of 17 countries or areas studied, labor productivity in manufacturing increased less or declined more in 2008 than the average annual changes over the 2000-2008 period.
Over the 2000-2008 period, almost all of the economies studied experienced productivity increases.
Manufacturing labor productivity decreased in 2008 in 12 of the 17 economies compared by the Bureau of Labor Statistics.
The Republic of Korea and the United States had the largest productivity increases (1.2 percent each) among the five economies where productivity increased.
Singapore had the steepest productivity decline (-6.6 percent).
These data are from the International Labor Comparisons program. To learn more, see "International Comparisons of Manufacturing Productivity and Unit Labor Cost Trends, 2008" (HTML) (PDF), news release USDL 09-1271.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, International manufacturing productivity, 2008 on the Internet at http://www.bls.gov/opub/ted/2009/ted_20091027.htm (visited February 06, 2016).