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Line 1 - Nonfarm Business Sector: Labor Productivity (Output per Hour) for All Workers, Q1 1988=100
Line 1
(a) Nonfarm Business Sector: Labor Productivity (Output per Hour) for All Workers, Index 2017=100, Seasonally Adjusted (OPHNFB)
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.

Select a date that will equal 100 for your custom index:
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    For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

    Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

    Finally, you can change the units of your new series.

    Select a date that will equal 100 for your custom index:
        Enter date as YYYY-MM-DD

    Line 1 - Nonfarm Business Sector: Labor Productivity (Output per Hour) for All Workers, Q1 1988=100
    Line 2
    (a) Nonfarm Business Sector: Real Hourly Compensation for All Workers, Index 2017=100, Seasonally Adjusted (COMPRNFB)
    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.

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD
    to

    Write a custom formula to transform one or more series or combine two or more series.

    You can begin by adding a series to combine with your existing series.

    Type keywords to search for data

      Now create a custom formula to combine or transform the series.

      For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

      Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

      Finally, you can change the units of your new series.

      Select a date that will equal 100 for your custom index:
          Enter date as YYYY-MM-DD

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      Line 1
      Nonfarm Business Sector: Labor Productivity (Output per Hour) for All Workers, Q1 1988=100
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      Line 2
      Nonfarm Business Sector: Real Hourly Compensation for All Workers, Q1 1988=100
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      Notes

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

      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, March 27, 2025.

      Nonfarm Business Sector: Real Hourly Compensation for All Workers  (COMPRNFB)

      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: Real Hourly Compensation for All Workers [COMPRNFB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/COMPRNFB, March 27, 2025.

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      Productivity and Costs

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

      Percent Change at Annual Rate, Quarterly, Seasonally Adjusted Percent Change from Quarter One Year Ago, Quarterly, Seasonally Adjusted

      Nonfarm Business Sector: Real Hourly Compensation for All Workers

      Percent Change at Annual Rate, Quarterly, Seasonally Adjusted Percent Change from Quarter One Year Ago, Quarterly, Seasonally Adjusted

      Related Categories

      Nonfarm Business Productivity & Costs Population, Employment, & Labor Markets

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      Per Hour Output Headline Figure Sector Nonfarm Business Real Persons Quarterly Seasonally Adjusted Bureau of Labor Statistics Nation Public Domain: Citation Requested United States of America Compensation

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