Posted March 5, 2020

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.

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