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Productivity

News Releases

Labor Productivity

Productivity increases 0.3% in Q1 2026; unit labor costs increase 1.8% (annual rates)

06/04/2026

Productivity increased 0.3 percent in the nonfarm business sector in the first quarter of 2026; unit labor costs increased 1.8 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 3.2 percent and unit labor costs increased 2.2 percent.
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Labor productivity increased in 35 of 46 trade industries in 2025

05/28/2026

Wholesale trade productivity increased 4.4 percent in 2025 with retail trade productivity up 2.9 percent. Output grew and hours worked fell in both sectors. Unit labor costs declined 0.4 percent in wholesale trade and dropped 0.7 percent in retail trade.
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Productivity increases in 20 of 31 selected service-providing industries in 2024

06/26/2025

Labor productivity rose in 20 of 31 selected service-providing industries in 2024. Output increased in 21 industries while hours worked rose in 13 industries. Unit labor costs went up in 25 of the 31 industries.
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Productivity rises in 42 states and the District of Columbia in 2025

05/28/2026

Labor productivity increased in 42 states and the District of Columbia in 2025. Output increased in all 50 states and the District of Columbia and hours worked increased in 33 states.
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Productivity increases in 41 of 85 manufacturing and mining industries in 2025

06/24/2026

Labor productivity increased in 39 of 80 covered four-digit NAICS manufacturing industries and in 2 of 5 mining industries in 2025. Output fell in 66 of 85 manufacturing and mining industries while hours worked fell in 52 industries. Seven industries increased both output and hours worked.
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Total Factor Productivity

Total factor productivity increases 0.8% in 2025, following a 1.5% increase in 2024

03/19/2026

Total factor productivity increased 0.8 percent in the private nonfarm business sector in 2025 as output increased 2.6 percent and combined inputs increased 1.7 percent.
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Total factor productivity fell in 70 of 86 4-digit NAICS manufacturing industries in 2023

06/24/2026

Total factor productivity fell in 70 of 86 4-digit NAICS manufacturing industries in 2023, up from 65 industries that declined in 2022. Output fell in 64 industries while intermediate inputs grew in 56 industries and capital increased in 31 industries.
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Total factor productivity increases in 13 out of 21 major industries in 2024

12/19/2025

In 2024, total factor productivity increased in 13 out of 21 major industries, led by the retail trade and the agriculture, forestry, fishing and hunting industries.
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Labor Productivity

Total Factor Productivity