U.S. manufacturing sector productivity quarterly percent change 2020-2023

Published by Statista Research Department, Nov 8, 2023
In the United States, the manufacturing sector productivity decreased by 0.7 percent during the third quarter of 2023. The data are seasonally adjusted at annual rates. Productivity describes the relationship between real output and the labor time involved in its production. They show the changes from period to period in the amount of goods and services produced per hour.

Quarterly percent change in the manufacturing sector productivity in the United States from the third quarter of 2020 to the third quarter of 2023

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Source

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Release date

November 2023

Region

United States

Survey time period

2020 to 2023

Supplementary notes

For a detailed explanation on the methodology employed by the Bureau of Labor Statistics to calculate the data see here.

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