The 2020 Mid-Year Economic Update_long

Manufacturing, Construction Employment Continues to Fall in February

Widespread job losses continued in the manufacturing sector in February, with a decline of 168,000 jobs, according to the Bureau of Labor Statistics.
Much of that decline was in durable goods, which was down 132,000. Specifically, fabricated metal products had a 28,000 decrease, and machinery fell by 25,000.
Employment in nondurable goods manufacturing fell by 36,000 in the month.
Construction lost 104,000 jobs in February; employment in that industry has fallen by 1.1 million since peaking in January 2007.
Two-fifths of that decline occurred in the past four months. Employment fell in both the residential and nonresidential sectors in February.
Employment declined in most major industry sectors in February, with the ...

To continue reading this article you must be a paid subscriber.

About the Author
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.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

This is your last free article

Subscribe to MDM Premium today and 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


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



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.