Source: U.S. Bureau of Labor Statistics
Release: Productivity and Costs
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
U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Labor Productivity (Output per Hour) for All Workers [PRS85006092], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS85006092, June 4, 2023.