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Labor Productivity and Costs
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Revisions to Productivity and Costs by Industry: Manufacturing and Mining Industries, 2014 and Multifactor Productivity Trends for Detailed Industries, 2013

On February 11, 2016, the Bureau of Labor Statistics (BLS) revised data published in Productivity and Costs by Industry: Manufacturing and Mining Industries, 2014, originally released on April 28, 2015. Data are now available through 2014 for all detailed manufacturing industries. BLS also revised data published in Multifactor Productivity Trends for Detailed Industries, 2013, originally released on September 29, 2015. The revisions are a result of the release of several data sources from the U.S. Census Bureau, including the 2014 Annual Survey of Manufactures, released December 2015, and the 2012 Economic Census Summary Series, most recently updated January 2016. Data through 2014 no longer rely on data from the Federal Reserve Board or the Manufactures’ shipments, inventories, and orders (M3) survey from the U.S. Census Bureau. The additional data sources allow for more complete and timely estimates of productivity and costs. Mining values remain unchanged compared with the April 2015 release.

The revised data can be accessed using the Industry Labor Productivity and Industry Multifactor Productivity databases. Additional tables and dashboards can be found on the Labor Productivity and Costs and Multifactor Productivity homepages.

 

Last Modified Date: February 11, 2016