Multifactor Productivity Trends in Manufacturing - 2016
May 16, 2018
May 16, 2018
WASHINGTON, May 16 -- The U.S. Department of Labor's Bureau of Labor Statistics issued the following news release:
Manufacturing sector multifactor productivity declined 3.2 percent in 2016, the U.S. Bureau of Labor Statistics reported today. (See chart 1, table A.) This was the largest annual decline in manufacturing multifactor productivity since the series started in 1987. (See table 1.) The multifactor productivity decline in 2016 reflected a 0.4-percent increase in sectora . . .
Manufacturing sector multifactor productivity declined 3.2 percent in 2016, the U.S. Bureau of Labor Statistics reported today. (See chart 1, table A.) This was the largest annual decline in manufacturing multifactor productivity since the series started in 1987. (See table 1.) The multifactor productivity decline in 2016 reflected a 0.4-percent increase in sectora . . .