• U.S. Productivity and Costs By Industry: Manufacturing Industries - 2012

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Labor productivity -- defined as output per hour -- rose in 54 percent of the detailed manufacturing industries covered in 2012. This was down from 68 percent in 2011. Unit labor costs, which reflect the total labor costs required to produce a unit of output, declined in 39 percent of the industries in 2012 compared to 49 percent in 2011. More than half of industries with productivity increases posted declines in unit labor costs. See the complete report at this link: USDOL-BLS

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• U.S. Productivity and Labor Costs – Q4 2013

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Productivity increased 3.2 percent in the nonfarm business sector in the fourth quarter of 2013; unit labor costs decreased 1.6 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 2.0 percent and unit labor costs decreased 1.0 percent. See the complete report at this link: USDOL-BLS

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• U.S. Labor Productivity and Unit Labor Costs – Q3 2013 [Revised]

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The measures released today are based on more recent source data than were available for the preliminary report. Nonfarm business sector labor productivity increased at a 3.0 percent annual rate during the third quarter of 2013. The increase in productivity reflects increases of 4.7 percent in output and 1.7 percent in hours worked. (All quarterly percent changes in this release are seasonally adjusted annual rates.) From the third quarter of 2012 to the third quarter of 2013, productivity increased 0.3 percent as output and hours worked rose 2.1 percent and 1.8 percent, respectively. Unit labor costs in nonfarm businesses decreased 1.4 percent in the third quarter of 2013, while hourly compensation increased 1.6 percent. Unit labor costs rose 2.1 percent over the last four quarters. Click on charts to enlarge Manufacturing sector productivity declined 0.1 percent in the third quarter of 2013, as output and hours worked increased 1.1 percent and 1.2 percent, respectively. See the complete report at this link: USDOL-BLS

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