Manufacturing productivity rose 0.5 percent
Manufacturing sector labor productivity rose 0.5 percent in the first quarter of 2018, as output increased 3.3 percent and hours worked increased 2.8 percent.
Productivity increased 1.3 percent in the durable manufacturing sector, as output grew at a 5.5-percent rate and hours worked increased 4.2 percent. In the non-durable goods manufacturing sector, a 0.6-percent increase in productivity reflected a 1.1-percent increase in output and a 0.5-percent increase in hours worked. Over the last four quarters,
total manufacturing sector productivity increased 0.8 percent, as output increased 2.5 percent and hours worked increased 1.6 percent. Unit labor costs in manufacturing increased 2.7 percent in the first quarter of 2018 and increased 1.3 percent f
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
