Nonfarm Productivity in United States

Oficina de Estadisticas Laborales (BLS) · Quarterly · Importance 43

1.4% (Q2-26) QOQ · % · Trimestral · CSV

Recessions COVID recession

Period	%
Jun 2026	1.4%
Mar 2026	0.8%
Dec 2025	1.6%
Sep 2025	5.2%
Jun 2025	4.2%
Mar 2025	-0.9%
Dec 2024	1.4%
Sep 2024	3.7%
Jun 2024	3.7%
Mar 2024	0.2%
Dec 2023	3.9%
Sep 2023	5.1%
Jun 2023	4.1%
Mar 2023	0.9%
Dec 2022	2.3%
Sep 2022	0.2%
Jun 2022	-2.9%
Mar 2022	-4.9%
Dec 2021	2.3%
Sep 2021	-2.4%
Jun 2021	0.8%
Mar 2021	2.9%
Dec 2020	-3.2%
Sep 2020	6.4%
Jun 2020	20.9%
Mar 2020	-1.6%
Dec 2019	3.8%
Sep 2019	4.6%
Jun 2019	2.5%
Mar 2019	3.4%
Dec 2018	-0.7%
Sep 2018	1.2%
Jun 2018	0.0%
Mar 2018	1.3%
Dec 2017	3.0%
Sep 2017	3.3%
Jun 2017	0.2%
Mar 2017	0.7%
Dec 2016	2.7%
Sep 2016	1.4%
Jun 2016	0.3%
Mar 2016	1.7%
Dec 2015	-2.4%
Sep 2015	1.1%
Jun 2015	2.0%
Mar 2015	2.3%
Dec 2014	-1.4%
Sep 2014	3.5%
Jun 2014	2.6%
Mar 2014	-3.3%
Dec 2013	3.9%
Sep 2013	2.9%
Jun 2013	-1.0%
Mar 2013	2.0%
Dec 2012	-1.5%
Sep 2012	-1.2%
Jun 2012	2.1%
Mar 2012	2.0%
Dec 2011	1.9%
Sep 2011	-0.7%

About this indicator

Source	Bureau of Labor Statistics
Frequency	Quarterly
Release	En el trimestre siguiente al que se refiere
What it is	Productivity is an indicator of the country's ability to continue growing. Specifically measures the degree of efficiency to convert inputs into outputs. Measures the output per unit of resource used (labor or capital). On the other hand, an increase in unit labor costs may be indicative of an increase in inflation in the future, if they move to final prices for consumers.
How it's calculated	Is calculated by the Labor Department, taking into account the amount of goods and services produced (outputs) depending on the amount of inputs that are necessary for it. All variations are based Annualized quarterly rate.
Market implications	In principle, an increase in productivity can increase production and reduce costs (up to certain limits imposed by the demand side). It is a highly cyclical indicator since it depends partly on the number of employees and capital, which are flexible factors.
Limitations	The asymmetry of Productivity in high-tech enterprises and low. One must be careful when comparing several countries, since the costs have a decisive influence. A country may be less productive in principle, but the cause is higher costs, that force you to produce less. All variations are based Annualized quarterly rate so are subject to further adjustments.