December 20, 2012
In 2011, manufacturing productivity increased in 15 of 19 countries covered. In the majority of those countries, labor productivity (output per hour) rose by more than 2 percent—generally driven by gains in output coupled with modest changes in hours.
|Output||Hours||Output per hour|
Korea, Republic of
In 2011, among those countries covered, only the United Kingdom had larger productivity growth in manufacturing than in 2010; in all other countries covered, productivity growth slowed down or declined. Only the Czech Republic and Singapore experienced productivity growth of 8 percent or higher in 2011, while in 2010 the majority of countries experienced growth that exceeded 8 percent.
These data are from the International Labor Comparisons program. Refer to Country at a Glance tables for additional data on international labor comparisons. To learn more, see "International Comparisons of Manufacturing Productivity and Unit Labor Cost Trends, 2011" (HTML) (PDF), news release USDL-12-2365.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, International manufacturing productivity, 2011 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20121220.htm (visited September 02, 2015).
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.