Manufacturing Productivity Rose 1.3% During 4th Quarter of 2018

4q 2018 Manufacturing Productivity Growth by Rivet MRO Industrial Marketing Agency and Distributor Co-op Marketing Consultant.png

According the US Bureau of Labor Statistics, the manufacturing sector labor productivity increased 1.3 percent during the fourth quarter of 2018, as output increased 2.3 percent and hours worked increased 1.0 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.)

From the fourth quarter of 2017 to the fourth quarter of 2018, manufacturing productivity increased 0.7 percent, reflecting a 2.8-percent increase in output and a 2.1-percent increase in hours worked.

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