Manufacturing Productivity Up 1.3% in 2015 - Modern Distribution Management

Log In

Manufacturing Productivity Up 1.3% in 2015

Productivity decreased 0.4 percent in the fourth quarter.

Manufacturing sector productivity increased 1.1 percent in 2015, while unit labor costs increased 1.3 percent and real hourly compensation in manufacturing increased 2.4 percent, according to the U.S. Bureau of Labor Statistics.

Manufacturing sector productivity decreased 0.4 percent in the fourth quarter as output increased 0.5 percent and hours worked increased 0.9 percent. Productivity decreased 1 percent in the durable manufacturing sector and increased 0.3 in the nondurable manufacturing sector.

Over the last four quarters, manufacturing productivity increased 1.5 percent, as output increased 1.1 percent and hours decreased 0.4 percent. Unit labor costs in manufacturing increased 3.6 percent in the fourth quarter of 2015 and increased 1.9 percent from the same quarter a year ago.

Nonfinancial corporate sector productivity was revised down 1.2 percent in the third quarter of 2015 to an increase of 1.7 percent.

Nonfarm business sector labor productivity decreased at a 3 percent annual rate during the fourth quarter as output increased 1 percent and hours worked increased 3.3 percent. From the fourth quarter of 2014 to the fourth quarter of 2015, productivity increased 0.3 percent. Annual average productivity increased 0.6 percent from 2014 to 2015.

Unit labor costs in nonfarm businesses increased 4.5 percent in the fourth quarter, reflecting a 1.3 percent increase in hourly compensation and a 3 percent decline in productivity. Unit labor costs increased 2.8 percent over the last four quarters.

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.