Labor Statistics Show Manufacturing Productivity Decrease Across Nation

May 3, 2019

Numbers released this week showed widespread declines in manufacturing productivity across the country last year.

The Bureau of Labor Statistics reported a national decline in labor productivity for 67 of the 86 manufacturing industries they monitor.

Notably for Hoosiers, there was a 4.7 percent drop in productivity for transportation manufacturing. According to the Indiana Economic Development Corporation, the state has the second-largest automotive industry in the country.

Stephanie Wells is the vice president of workforce development for the Indiana Manufacturers Association. She says part of the national productivity decrease is likely a result of hiring shortages in the state.

“We can’t hire enough people and so I think this is just the outcome of that,” Wells says.

Some of the sectors that did experience productivity growth were oil and gas extraction.