Posted May 3, 2018

Manufacturing productivity rose 0.5 percent

Manufacturing sector labor productivity rose 0.5 percent in the first quarter of 2018, as output increased 3.3 percent and hours worked increased 2.8 percent.

Productivity increased 1.3 percent in the durable manufacturing sector, as output grew at a 5.5-percent rate and hours worked increased 4.2 percent. In the non-durable goods manufacturing sector, a 0.6-percent increase in productivity reflected a 1.1-percent increase in output and a 0.5-percent increase in hours worked. Over the last four quarters,

total manufacturing sector productivity increased 0.8 percent, as output increased 2.5 percent and hours worked increased 1.6 percent. Unit labor costs in manufacturing increased 2.7 percent in the first quarter of 2018 and increased 1.3 percent f

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