Federal Reserve Economic Data: Your trusted data source since 1991

Nonfinancial Corporations Sector: Labor Productivity (Output per Hour) for Employees (PRS88003092)

Observation:

Q3 2023: 2.5 (+ more)   Updated: Feb 1, 2024
Q3 2023:  2.5  
Q2 2023:  2.2  
Q1 2023:  1.6  
Q4 2022:  -1.3  
Q3 2022:  1.4  
View All

Units:

Percent Change at Annual Rate,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

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 PRS88003092

Suggested Citation:

U.S. Bureau of Labor Statistics, Nonfinancial Corporations Sector: Labor Productivity (Output per Hour) for Employees [PRS88003092], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS88003092, March 1, 2024.

RELEASE TABLES


Subscribe to the FRED newsletter


Follow us

Back to Top
Top