Federal Reserve Economic Data

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

Observation:

2024: . (+ more)   Updated: Nov 7, 2024 7:36 AM CST
2024:  .  
2023:  1.8  
2022:  -1.5  
2021:  2.0  
2020:  5.3  
View All

Units:

Percent Change from Year Ago,
Seasonally Adjusted

Frequency:

Annual,
Average

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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