LPC News Releases

Productivity rises 2.3% in second-quarter 2019; unit labor costs rise 2.4% (annual rates)

08/15/2019

Productivity increased 2.3 percent in the nonfarm business sector in the second quarter of 2019; unit labor costs increased 2.4 percent (seasonally adjusted annual rates). In manufacturing, productivity decreased 1.6 percent and unit labor costs increased 5.8 percent.
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Productivity rises in 32 of 49 trade and food services industries in 2018

07/25/2019

Labor productivity rose in wholesale trade, retail trade, and food services and drinking places in 2018. Within these sectors, productivity increased in about two-thirds of the NAICS 4-digit industries studied.
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Productivity rises in 18 of 28 selected service-providing industries in 2018

05/23/2019

Labor productivity rose in 18 of 28 service-providing industries in 2018. Output increased in 21 industries, while hours worked increased in 15 industries.
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Productivity declines in 69 of 90 detailed manufacturing and mining industries in 2018

04/23/2019

Labor productivity decreased in 67 of the 86 NAICS 4-digit manufacturing industries, while 2 of the 4 mining industries experienced gains in 2018. Growth in hours, coupled with declining output, led to a productivity decline for most industries.
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