Federal Reserve Economic Data: Your trusted data source since 1991

Nonfarm Business Sector: Labor Productivity (Output per Hour) for All Workers (PRS85006091)

Observation:

Q4 2023: 2.7 (+ more)   Updated: Feb 1, 2024
Q4 2023:  2.7  
Q3 2023:  2.3  
Q2 2023:  1.2  
Q1 2023:  -0.6  
Q4 2022:  -2.0  
View All

Units:

Percent Change from Quarter One Year Ago,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Productivity and Costs  

Units:  Percent Change from Quarter One Year Ago, Seasonally Adjusted

Frequency:  Quarterly

Notes:

Labor productivity, or output per hour, is calculated by dividing an index of real output by an index of hours worked of all persons, including employees, proprietors, and unpaid family workers.

For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf

Source Indicator PRS85006091

Suggested Citation:

U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Labor Productivity (Output per Hour) for All Workers [PRS85006091], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS85006091, February 25, 2024.


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