Observation:
Q3 2024: 1.4 (+ more) Updated: Nov 7, 2024 7:36 AM CSTQ3 2024: | 1.4 | |
Q2 2024: | 1.8 | |
Q1 2024: | 1.7 | |
Q4 2023: | 1.7 | |
Q3 2023: | 1.9 | |
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Units:
Percent Change from Quarter One Year Ago,Frequency:
QuarterlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Bureau of Labor Statistics
Release: Productivity and Costs
Units: Percent Change from Quarter One Year Ago, Seasonally Adjusted
Frequency: Quarterly
Real output is constructed from the gross domestic product (GDP) excluding the following outputs: general government, nonprofit institutions, paid employees of private households, and the rental value of owner-occupied dwellings. The farm sector, which is subject to unique external forces, also is excluded to yield the nonfarm business sector, the principal focus of many productivity studies.
For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf
Source Indicator PRS85006161
U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Output per Worker for All Workers [PRS85006161], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS85006161, .