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Productivity

Latest Numbers

Labor Productivity and Costs: Major Sectors

RSS
NONFARM BUSINESS SECTOR:

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

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

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

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

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

MANUFACTURING SECTOR:

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

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

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

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

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



Total Factor Productivity

RSS
PRIVATE BUSINESS SECTOR:

Total factor productivity -1.6% in 2022 Historical Data

PRIVATE NONFARM BUSINESS SECTOR:

Total factor productivity -1.6% in 2022 Historical Data

MANUFACTURING SECTOR:

Total factor productivity -1.4% in 2022 Historical Data