George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year:

Part 2

	Last Year	Now
Units Produced	1,500	1,500
Labor (hours)	300	260
Resin (pounds)	50	48
Capital Invested ($)	10,000	12,500
Energy (BTU)	2,950	2,750

The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is:

Part 3

Labor Productivity Change =

enter your response here%

(enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).