LPC News Releases

Productivity rises 2.3% in third-quarter 2018; unit labor costs rise 0.9% (annual rates)

12/06/2018

Productivity increased 2.3 percent in the nonfarm business sector in the third quarter of 2018; unit labor costs increased 0.9 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 1.0 percent and unit labor costs decreased 1.2 percent.
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Productivity rises in 32 of 49 trade and food services industries in 2017

07/19/2018

Labor productivity rose in wholesale and retail trade and declined in food services and drinking places in 2017. Overall, productivity increased in 32 of 49 trade and food services industries studied.
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Productivity rises in 20 of 28 selected service-providing industries in 2017

05/17/2018

Labor productivity rose in 20 of 28 service-providing industries in 2017. Hours increased in more industries than in 2016, while fewer industries experienced increases in output.
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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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