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The Office of Management and Budget (OMB) has revised Statistical Policy Directive No. 15 updating the standards for maintaining, collecting, and presenting federal data on race and ethnicity. Read more about OMB Statistical Policy Directives.
Labor productivity decreased in 60 of the 86 NAICS 4-digit manufacturing industries and in 3 of the 5 mining industries in 2023. Output fell in 74 of the 91 manufacturing and mining industries while hours worked fell in 45 industries. Thirty-eight industries decreased both output and hours worked.
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