CHART: Missouri has seen slight productivity growth since 2007, but the Midwest is lagging

Missouri saw 0.8% annual average growth in labor productivity between 2007 and 2017, according to new Bureau of Labor Statistics data.

The statistics are part of an experimental state-level labor productivity data series published for the first time in June. The labor productivity measure was based on the measurement output per hour worked by private nonfarm workers.

Average annual productivity growth ranged from a high of 3.1% in North Dakota to a low of -0.7% in Louisiana.

Missouri ranked 30th nationally and tied for sixth among the 12 states in the Midwest region.

The Midwest saw the lowest average annual productivity gains of any region, at 0.7%. The West led the way at 1.5%, followed by the Northeast and South at 1%.

A more recent snapshot, between 2016 and 2017, shows Missouri experiencing a slight decrease in labor productivity.

State productivity changes for that period ranged from a high of 2.0% in Montana to a low of -2.2% in Arkansas. Overall, productivity for that period grew in 31 states and the District of Columbia.

Tags:, ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students