Observation:
2022: -7.3 (+ more) Updated: Dec 2, 2024 2:17 PM CST2022: | -7.3 | |
2021: | 9.5 | |
2020: | 9.3 | |
2019: | 1.6 | |
2018: | 1.7 | |
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Units:
Percent Change from Year Ago,Frequency:
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Source: U.S. Bureau of Labor Statistics
Release: Industry Productivity
Units: Percent Change from Year Ago, Not Seasonally Adjusted
Frequency: Annual
Labor productivity describes the efficiency at which labor hours are utilized in producing output of goods and services, measured as output per hour of labor.
U.S. Bureau of Labor Statistics, Labor Productivity for Professional, Scientific, and Technical Services: Advertising Agencies (NAICS 541810) in the United States [IPUMN541810L001000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUMN541810L001000000, .