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Productivity Home Page

Notices

Updated Total Factor Productivity for Transportation Industries - 2022 and 2023 Read More »
New research exploring the rise in remote work and productivity Read More »
Revised total factor productivity 2023 Read More »

The Office of Productivity and Technology (OPT) measures how efficiently the U.S. converts inputs into the outputs of goods and services. Measures of labor productivity compare the growth in output to the growth in hours worked and measures of total factor productivity (TFP), also known as multifactor productivity (MFP), compare growth in output to the growth in a combination of inputs that include labor, capital, energy, materials, and purchased services.

Videos

Graphics

Click the graphic to enlarge chart: Long-term labor productivity in the nonfarm business sector since 1947.

Click the graphic to enlarge chart: Labor Productivity by State, Percent Change.

Click the graphic to enlarge chart: Contributions to Labor Productivity Growth, Private Nonfarm Business Sector, Selected Time Periods.

Click the graphic to enlarge chart: Labor Productivity and Real Hourly Compensation, Nonfarm Business Sector since 1973.

Click the graphic to enlarge chart: Detailed Industries Help Tell the Story, Indexes of Productivity Within Food and Beverage Stores.

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Latest Numbers

NONFARM BUSINESS SECTOR:

Labor productivity (output per hour) +3.5%(r) in 2nd Qtr of 2023

Hourly compensation +5.7%(r) in 2nd Qtr of 2023

Unit labor costs +2.2%(r) in 2nd Qtr of 2023

Real value-added output +1.9%(r) in 2nd Qtr of 2023

Hours worked -1.5%(r) in 2nd Qtr of 2023

MANUFACTURING SECTOR:

Labor productivity (output per hour) +2.9%(r) in 2nd Qtr of 2023

Hourly compensation +8.0%(r) in 2nd Qtr of 2023

Unit labor costs +4.9%(r) in 2nd Qtr of 2023

Real sectoral output +0.8%(r) in 2nd Qtr of 2023

Hours worked -2.1%(r) in 2nd Qtr of 2023

News Releases

///PROD2 Resilio Test ZUNI3 11212024// Productivity decreases 5.0% in Q4 2023

11/21/2024

//PROD2 Resilio Test ZUNI3 11212024// Productivity decreased 5 percent in nonfarm business sector fourth quarter 2023.
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//PRIN QCT Red Hat Test ZUNI3 3/13/2025// Productivity rises in 42 of 90 manufacturing

03/13/2025

//PRIN QCT Red Hat Test ZUNI3 3/13/2025// Labor productivity increased in 41 of the 86 NAICS 4-digit manufacturing industries.
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//QCT Resilio Test 09/28/2023// Productivity rises in 45 states and the District of...

09/28/2023

//QCT Resilio Test 09/28/2023// Labor productivity increased in 45 states and the District of Columbia in 2022.
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//PRIN2 QCT Test ZUNI3 4/15/2025// Productivity and Costs:

04/15/2025

//PRIN2 QCT Test ZUNI3 4/15/2025// Test Labor productivity (output per hour).
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//PRIN1 QCT Resilio ZUNI3 Test 11/21/2024// Productivity rises in 30 of 46 wholesale

11/21/2024

//PRIN1 QCT Resilio ZUNI3 Test 11212024// Retail trade productivity increased 5.3 percent in 2019.
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//QCT Resilio Test 09/28/2023// Total factor productivity fell in 61 of 86 4-digit NAICS...

09/28/2023

//QCT Resilio Test 09/28/2023// Total factor productivity fell in 61 of 86 4-digit NAICS manufacturing industries in 2019
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//PROD5 QCT Linux Test 1/15/2025// Total factor productivity increased in 15 out of 21...

01/15/2025

//PROD5 QCT Linux Test 1/15/2025// In 2021, total factor productivity increased in 15 out of 21 major industries.
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//PROD3 QCT Resilio Test 09/29/2023// Total factor productivity decreases 1.7% in 2020

09/29/2023

//PROD3 QCT Resilio Test 09/29/2023// In 2020 total factor productivity declined at a 1.7-percent annual rate.
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Next Releases

Productivity and Costs: Fourth Quarter 2023, Revised is scheduled to be released on March 22, 2024 at 8:30 A.M. Eastern Time.

Beyond the Numbers

The rise in remote work since the pandemic and its impact on productivity

The COVID-19 pandemic brought about dramatic changes in the work environment. Although 6.5 percent of workers in the private business sector worked primarily from home in 2019, the pandemic was the start of a massive experiment in full-time remote work for most workers and firms. People often ask: are workers more productive or less productive when working from home? read more »

Monthly Labor Review

An improved estimate of self-employment hours for quarterly labor productivity

This article describes two adjustments to self-employment hours that will improve quarterly measures of labor productivity. read more »

The Economics Daily

Among industries with the largest increases in remote work most had substantial increases in output

The COVID-19 pandemic brought about dramatic changes in the work environment. Although 6.5 percent of workers in the private business sector worked primarily from home in 2019, the pandemic was the start of a massive experiment in full-time remote work for most workers and firms. Among 61 industries, 10 had increases in remote work of 20 percentage points or more. read more »

Spotlight on Statistics

A Look at a Thrilling Industry: Amusement and Theme Parks

This Spotlight on Statistics reviews historical establishment, employment, and wage trends for the amusement and theme parks industry. Additionally, productivity, consumer expenditures for entertainment fees and admissions, and producer prices for select amusement and theme parks products are reviewed. read more »