Productivity increased 4.9 percent in the nonfarm business sector in the third quarter of 2020;
unit labor costs decreased 8.9 percent (seasonally adjusted annual rates). In manufacturing,
productivity increased 19.0 percent and unit labor costs decreased 18.2 percent.
Retail trade productivity increased 5.3 percent in 2019, the largest increase since 1999. Wholesale trade productivity rose 0.4 percent, carried by growth in nondurable goods industries. Unit labor costs fell in retail trade and increased in wholesale trade.
Labor productivity decreased in 54 of the 86 NAICS 4-digit manufacturing industries and in all 4 mining industries in 2019. More than half the industries with declining productivity had growth in hours coupled with declining output.
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