Fourth-quarter productivity increased 1.2 percent
Nonfarm business sector labor productivity increased 1.2 percent in the fourth quarter of 2019, the U.S. Bureau of Labor Statistics reported today.
Output increased 2.4 percent and hours worked increased 1.2 percent.
Manufacturing sector labor productivity decreased 0.8 percent in the fourth quarter of 2019, as output decreased 0.4 percent and hours worked increased 0.4 percent. Total manufacturing sector productivity declined 0.6 percent over the last four quarters, as output decreased 1.1 percent and hours worked decreased 0.5 percent.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
