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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 +3.1%(r) in 3rd Qtr of 2024 Historical Data

Unit labor costs +0.8%(r) 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) +0.9%(r) in 3rd Qtr of 2024 Historical Data

Hourly compensation +2.6%(r) in 3rd Qtr of 2024 Historical Data

Unit labor costs +1.7%(r) in 3rd Qtr of 2024 Historical Data

Real sectoral output -0.4%(r) in 3rd Qtr of 2024 Historical Data

Hours worked -1.3%(r) in 3rd Qtr of 2024 Historical Data



Total Factor Productivity

RSS
PRIVATE BUSINESS SECTOR:

Total factor productivity +1.3% in 2023 Historical Data

PRIVATE NONFARM BUSINESS SECTOR:

Total factor productivity +1.2% in 2023 Historical Data

MANUFACTURING SECTOR:

Total factor productivity -3.2% in 2023 Historical Data