Posted May 7, 2020
Manufacturing productivity down 3.3 percent
Manufacturing sector labor productivity decreased 3.3 percent in the first quarter of 2020, as output decreased 7.1 percent and hours worked decreased 3.9 percent.
Total manufacturing sector productivity declined 1.7 percent over the last four quarters, as output decreased 2.4 percent and hours worked decreased 0.7 percent.
Nonfarm business sector labor productivity decreased 2.5 percent in the first quarter of 2020, as output decreased 6.2 percent and hours worked decreased 3.8 percent.