Go Back   SZONE.US Forums > Current Events > News > Personal Liberty

Personal Liberty Bob Livingston provides you with a conservative, Christian view on life. Helping you live free in an unfree world. Delivering news on improving you health, boosting your wealth, and protecting your civil liberties."

Personal Liberty

Cost Of Production Down Slightly

Views:81
Reply
Thread Tools Search this Thread Rate Thread
  #1  
Unread 11.01.12, 06:39 PM
@PersonalLiberty @PersonalLiberty is offline
Senior Member
 
Join Date: 05.09
Posts: 21,769
Cost Of Production Down Slightly

11.01.12 12:37 PM

WASHINGTON (UPI) — The U.S. Labor Department said non-farm labor productivity rose at a 1.9 percent annual rate in the third quarter.

The productivity increase included a 1.3 percent gain in hours worked and a 3.2 percent gain in output, the department said.

With production rising faster than hours worked, unit labor costs fell in the third quarter, dropping 0.1 percent.

Hourly compensation, which includes benefits and wages, rose 1.8 percent in the quarter compared to April through June. On a 12-month basis, unit labor costs rose 1.1 percent, the department said.

In the manufacturing sector, output fell 0.6 percent and hours worked dropped 0.2 percent, which amounted to a 0.4 percent decline in productivity.

For durable goods, productivity fell 0.7 percent, while productivity among non-durable goods dropped 0.1 percent.

Unit labor costs for U.S. factories rose 1.5 percent in the third quarter from the second, and fell 0.8 percent from the third quarter of 2011.




http://personalliberty.com/2012/11/0...down-slightly/
Reply With Quote
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Rate This Thread
Rate This Thread:



All times are GMT -8. The time now is 02:41 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Copyright 2007 - 20017 SZONE.US All rights reserved