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Nonfarm Business Sector: Labor Productivity (Output per Hour) for All Workers (OPHNFB)

Observation:

Q1 2024: 0.2 (+ more)   Updated: Jun 6, 2024 7:36 AM CDT
Q1 2024:  0.2  
Q4 2023:  3.5  
Q3 2023:  4.6  
Q2 2023:  3.3  
Q1 2023:  -0.3  
View All

Units:

Compounded Annual Rate of Change,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Productivity and Costs  

Units:  Index 2017=100, Seasonally Adjusted

Frequency:  Quarterly

Notes:

The Productivity and Costs release on August 7, 2003, will reflect the June 2003 benchmark revision to payroll employment. Since employment is now reported on a North American Industry Classification System (NAICS) basis, all of the historical data will be revised. Changes as a consequence of the move to NAICS should not be significant since this release carries data at high levels of aggregation.

Suggested Citation:

U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Labor Productivity (Output per Hour) for All Workers [OPHNFB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/OPHNFB, .

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