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Productivity
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Revisions to Productivity and Costs for Detailed Industries - November 2024
On November 27, 2024, BLS released revised compensation and unit labor costs data from the following releases:
- Productivity and Costs by Industry: Manufacturing and Mining Industries - 2023
- Productivity and Costs by Industry: Wholesale Trade and Retail Trade Industries - 2023
- Productivity and Costs by Industry: Selected Service-Providing Industries - 2023
The revisions are a result of incorporating new and revised source data from the BLS Quarterly Census of Employment and Wages (QCEW). Also released are 2023 measures for the Accommodation (NAICS 721) and Traveler accommodation (NAICS 7211) industries advancing the previously released data by one year.
Some productivity data series were incorrect in materials first published on June 27, 2024. This impacted indexes, levels, and rates of change for sectoral output, real sectoral output, labor productivity, output per worker, and unit labor costs which are amended with this release for the following industries:
| Industry Code | Industry Title |
|---|---|
|
51213 |
Motion Picture and Video Exhibition |
|
517311 |
Wired Telecommunications Carriers |
|
517312 |
Wireless Telecommunications Carriers |
|
532111 |
Passenger Car Rental |
|
53212 |
Truck, Utility Trailer, and RV Rental and Leasing |
|
54181 |
Advertising Agencies |
|
56131 |
Employment Placement and Executive Search |
|
71391 |
Golf Courses and Country Clubs |
|
71394 |
Fitness and Recreational Sports Centers |
|
8121 |
Personal Care Services |
|
8123 |
Drycleaning and Laundry Services |
|
81233 |
Linen and Uniform Supply |
The updated data can be accessed in Tables, Charts, and Databases.