LPC News Releases

Productivity unchanged in fourth quarter 2017; unit labor costs rise 2.5% (annual rate)

03/07/2018

Productivity was unchanged (0.0 percent) in the nonfarm business sector in the fourth quarter of 2017; unit labor costs increased 2.5 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 6.0 percent and unit labor costs decreased 3.3 percent.
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Productivity declines in 54 of 90 detailed manufacturing and mining industries in 2017

04/19/2018

Labor productivity decreased in 54 of the 86 NAICS 4-digit manufacturing industries, while 3 of the 4 mining industries experienced gains in 2017. Growth in hours, coupled with declining output, led to a productivity decline for most industries.
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Productivity rises in 36 of 49 trade and food services industries in 2016

08/03/2017

Labor productivity rose in wholesale trade, retail trade, and food services and drinking places in 2016. Within these sectors, productivity increased in over two-thirds of the NAICS 4-digit industries studied.
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Productivity rises in 17 of 28 selected service-providing industries in 2016

05/18/2017

Labor productivity rose in 17 of 28 service-providing industries in 2016. Output and hours increased in fewer industries than in 2015.
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