Tue09022014

Last updateMon, 01 Sep 2014 12pm

Back You are here: Home News Industry Headlines Manufacturing & The Economy U.S. Productivity Rose in the Fourth Quarter of 2013

Manufacturing & The Economy

U.S. Productivity Rose in the Fourth Quarter of 2013

Nonfarm business sector labor productivity increased at a 3.2% annual rate during the fourth quarter of 2013, the U.S. Bureau of Labor Statistics reports. The increase in productivity reflects increases of 4.9% in output and 1.7% in hours worked.

Manufacturing sector productivity increased 2.0% in the fourth quarter of 2013, as output and hours worked increased 6.6% and 4.4%, respectively. Productivity increased 3.4% in the durable goods sector and increased 1.0% in the nondurable goods sector. Over the last four quarters, manufacturing productivity increased 2.1%, as output increased 3.3% and hours increased 1.2%. Unit labor costs in manufacturing fell 1.0% in the fourth quarter of 2013 and declined 0.9% from the same quarter a year ago. 

New Products

 

Valve Magazine Digital Edition

14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
• Advances in Machining
• Severe Service in Power Plants
• SIS Tests and Standards

CLICK HERE TO REQUEST YOUR
DIGITAL EDITION PREVIEW EMAIL

steroids that burn fat buy steroids nyc clenbuterol 40 peptide bodybuilding how to buy anabolic steroids safely