Source:
U.S. Bureau of Labor Statistics
Release:
Productivity and Costs
Units:
Percent Change at Annual Rate, 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 PRS85006092
Suggested Citation:
U.S. Bureau of Labor Statistics,
Nonfarm Business Sector: Real Output Per Hour of All Persons [PRS85006092],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/PRS85006092,
December 12, 2019.