Thursday, August 26, 2021

Multifactor Productivity Trends for Detailed Industries News Release

Bureau of Labor Statistics
The latest Multifactor Productivity Trends for Detailed Industries news release has been posted on the BLS website at https://www.bls.gov/news.release/pdf/prin3.pdf and also archived at https://www.bls.gov/news.release/archives/prin3_08262021.pdf. Highlights are below.

Multifactor productivity fell in 61 of 86 4-digit NAICS manufacturing industries in 2019

08/26/2021

Multifactor productivity fell in 61 of 86 4-digit NAICS manufacturing industries in 2019, up from 37 of the industries in 2018. Among transportation industries, multifactor productivity increased in air transportation and decreased in line-haul railroads.

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