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Productivity
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News Releases
Labor Productivity
Productivity increases 2.2% in Q3 2024; unit labor costs increase 0.8% (annual rates)
12/10/2024
Productivity increased 2.2 percent in the nonfarm business sector in the third quarter of 2024;
unit labor costs increased 0.8 percent (seasonally adjusted annual rates). In manufacturing,
productivity increased 0.9 percent and unit labor costs increased 1.7 percent.
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Productivity falls in 25 of 46 wholesale and retail trade industries in 2023
05/30/2024
Wholesale trade productivity fell 1.6 percent with hours worked growing at a higher rate than output. Retail trade productivity increased 1.6 percent in 2023, rebounding from the decline in 2022. Unit labor costs rose 6.4 percent in wholesale trade and 0.5 percent in retail trade.
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Productivity increases in 15 of 30 selected service-providing industries in 2023
06/27/2024
Labor productivity rose in 15 of 30 selected service-providing industries in 2023. Output increased in 16 industries while hours worked rose in 14 industries.
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Productivity rises in 36 states in 2023
05/30/2024
Labor productivity increased in 36 states in 2023. Output increased in 47 states and the District of Columbia and hours worked increased in 42 states and the District.
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Productivity falls in 63 of 91 manufacturing and mining industries in 2023
04/25/2024
Labor productivity decreased in 60 of the 86 NAICS 4-digit manufacturing industries and in 3 of the 5 mining industries in 2023. Output fell in 74 of the 91 manufacturing and mining industries while hours worked fell in 45 industries. Thirty-eight industries decreased both output and hours worked.
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Total Factor Productivity
Total factor productivity increased 0.7% in 2023, following
a 1.6% decrease in 2022
03/21/2024
Total factor productivity increased 0.7 percent in the private
nonfarm business sector in 2023 as output increased 2.6 percent and
combined inputs increased 1.9 percent.
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Total factor productivity up in 78 of 86 4-digit NAICS manufacturing industries in 2021
08/31/2023
Total factor productivity rose in 78 of 86 4-digit NAICS manufacturing industries in 2021, up from 25 industries in 2020. Among the two measured transportation industries, total factor productivity increased in both air transportation and line-haul railroads.
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Total factor productivity increases in 12 out of 21 major industries in 2023
12/04/2024
In 2023, total factor productivity increased in 12 out of 21 major industries, led by the mining and retail trade industries.
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Schedule of Upcoming Releases
- Upcoming Releases: Quarterly Productivity and Costs (NONFARM BUSINESS, BUSINESS, MANUFACTURING, AND NONFINANCIAL CORPORATE SECTOR) – Principal Federal Economic Indicator (PFEI)
- All Productivity Releases
Additional Release Information
- Subscribe to the BLS News Service—receive Productivity news releases by e-mail.
- For additional analysis related to the news releases see the Productivity Highlights page.
Archived Releases
Labor Productivity
- Quarterly preliminary and revised releases of the Productivity and Costs PFEI
- Annual releases of Productivity and Costs for Detailed Industries
- Annual releases of State Productivity
Total Factor Productivity
- Annual Total Factor Productivity for Major Sectors back to 1981
- Annual Total Factor Productivity in Major Industries
- Annual Total Factor Productivity for Detailed Industries