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Productivity
Bureau of Labor Statistics > Productivity > Data > Latest Numbers

Latest Numbers

Labor Productivity and Costs: Major Sectors

RSS
NONFARM BUSINESS SECTOR:

Labor productivity (output per hour) +2.2% in 3rd Qtr of 2024 Historical Data

Hourly compensation +4.2% in 3rd Qtr of 2024 Historical Data

Unit labor costs +1.9% in 3rd Qtr of 2024 Historical Data

Real value-added output +3.5% in 3rd Qtr of 2024 Historical Data

Hours worked +1.2% in 3rd Qtr of 2024 Historical Data

MANUFACTURING SECTOR:

Labor productivity (output per hour) +1.0% in 3rd Qtr of 2024 Historical Data

Hourly compensation +6.4% in 3rd Qtr of 2024 Historical Data

Unit labor costs +5.3% in 3rd Qtr of 2024 Historical Data

Real sectoral output -0.2% in 3rd Qtr of 2024 Historical Data

Hours worked -1.2% in 3rd Qtr of 2024 Historical Data



Total Factor Productivity

RSS
PRIVATE BUSINESS SECTOR:

Total factor productivity +0.7% in 2023 Historical Data

PRIVATE NONFARM BUSINESS SECTOR:

Total factor productivity +0.7% in 2023 Historical Data

MANUFACTURING SECTOR:

Total factor productivity -1.3% in 2022 Historical Data