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Productivity
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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.
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.
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
Historical Data
News Release
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 Test 5/20/2025// Productivity increases in 15 of 30 selected service-providing...
05/20/2025
//PRIN2 Test 5/20/2025// Labor productivity rose in 15 of 30 selected service-providing industries in 2023. Output increased in 16 industries while hours worked rose in 14 industries.
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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.
Publications
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
Sales versus margins: alternative measures of output and productivity for retail trade
This article compares sales- and margin-based measures of output and productivity for the retail trade sector. 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 »