December 29, 2000 (The Editor’s Desk is updated each business day.)
Multifactor productivity increases modestly in many manufacturing
industries
Multifactor productivity—measured as output per unit of combined labor, capital, and intermediate purchases
inputs—increased between 1987 and 1996 in 63 of the 108 industries for which the Bureau of Labor Statistics publishes data. Most of the gains were relatively modest.
[Chart data—TXT]
Average annual increases of between 0.1 and 1.0 percent were recorded in 32 industries. In another 21 industries, multifactor productivity rose by between 1.1 and 2.0 percent. Ten industries had productivity growth rates exceeding 2.0 percent.
These data are a product of the BLS Industry
Productivity program. Data are subject to revision. Additional information is available in
"Multifactor Productivity Measures for Three-digit SIC Manufacturing
Industries," (PDF 25K), BLS Report
948.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
.
Read more »
|