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Labor productivity, nonfarm business, percent change from same quarter a year ago, and from previous quarter

Charts related to the latest "Productivity and Costs" news release   |   More chart packages

Labor productivity (output per hour), nonfarm business, percent change from same quarter a year ago, and from previous quarter (annual rate), 3rd quarter 2024
Quarter Percent change from previous quarter (annual rate) Percent change from same quarter a year ago

Q3 2014

3.4% 1.6%

Q4 2014

-1.4% 0.3%

Q1 2015

2.3% 1.7%

Q2 2015

2.0% 1.6%

Q3 2015

1.1% 1.0%

Q4 2015

-2.4% 0.7%

Q1 2016

1.7% 0.6%

Q2 2016

0.2% 0.1%

Q3 2016

1.4% 0.2%

Q4 2016

2.7% 1.5%

Q1 2017

0.7% 1.3%

Q2 2017

0.2% 1.3%

Q3 2017

3.2% 1.7%

Q4 2017

3.0% 1.8%

Q1 2018

1.5% 2.0%

Q2 2018

0.0% 1.9%

Q3 2018

1.2% 1.4%

Q4 2018

-0.7% 0.5%

Q1 2019

3.4% 1.0%

Q2 2019

2.4% 1.6%

Q3 2019

4.6% 2.4%

Q4 2019

3.8% 3.6%

Q1 2020

-1.1% 2.4%

Q2 2020

20.2% 6.6%

Q3 2020

6.2% 7.0%

Q4 2020

-3.1% 5.2%

Q1 2021

3.2% 6.3%

Q2 2021

0.2% 1.6%

Q3 2021

-2.5% -0.6%

Q4 2021

2.8% 0.9%

Q1 2022

-5.0% -1.2%

Q2 2022

-3.0% -2.0%

Q3 2022

-0.2% -1.4%

Q4 2022

2.9% -1.4%

Q1 2023

0.3% 0.0%

Q2 2023

3.7% 1.7%

Q3 2023

3.8% 2.7%

Q4 2023

3.1% 2.7%

Q1 2024

0.7% 2.8%

Q2 2024

2.1% 2.4%

Q3 2024

2.2% 2.0%