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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) +2.5%(r) in 2nd Qtr of 2024 Historical Data

Hourly compensation +3.0%(r) in 2nd Qtr of 2024 Historical Data

Unit labor costs +0.4%(r) in 2nd Qtr of 2024 Historical Data

Real value-added output +3.5%(r) in 2nd Qtr of 2024 Historical Data

Hours worked +1.0% in 2nd Qtr of 2024 Historical Data

MANUFACTURING SECTOR:

Labor productivity (output per hour) +1.3%(r) in 2nd Qtr of 2024 Historical Data

Hourly compensation +4.9%(r) in 2nd Qtr of 2024 Historical Data

Unit labor costs +3.6%(r) in 2nd Qtr of 2024 Historical Data

Real sectoral output +2.4%(r) in 2nd Qtr of 2024 Historical Data

Hours worked +1.1%(r) in 2nd 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