Posted December 10, 2019
Manufacturing productivity increased in third quarter
Manufacturing sector labor productivity increased 0.1 percent in the third quarter of 2019, as output increased 1.3 percent and hours worked increased 1.2 percent.
Total manufacturing sector productivity declined 0.1 percent over the last four quarters, as output decreased 0.5 percent and hours worked decreased 0.4 percent.
Nonfarm business sector labor productivity decreased 0.2 percent in the third quarter of 2019, as output increased 2.3 percent and hours worked increased 2.5 percent.