Labor productivity in the US non-farm business sector increased by an annualized 3.4 percent during the first quarter of 2019, below a preliminary estimate of 3.6 percent and following a 1.3 percent rise in the previous three-month period. Figures came below market expectations of 3.5 percent. Output increased 3.9 percent and hours worked increased 0.5 percent. Year-on-year, productivity rose 2.4 percent, the most since the third quarter of 2010, reflecting a 3.9 percent increase in output and a 1.5 percent increase in hours worked. Productivity in the United States averaged 60.65 Index Points from 1950 until 2019, reaching an all time high of 106.96 Index Points in the first quarter of 2019 and a record low of 26.02 Index Points in the first quarter of 1950.

Productivity in the United States is expected to be 106.55 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in the United States to stand at 17.30 in 12 months time. In the long-term, the United States Nonfarm Labour Productivity is projected to trend around 109.21 Index Points in 2020, according to our econometric models.

United States Nonfarm Labour Productivity
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-12-06 01:30 PM Nonfarm Productivity QoQ Final Q3 2.3% 3% 2.3% 2.2%
2019-03-07 01:30 PM Nonfarm Productivity QoQ Q4 1.9% 1.8% 1.6% 1.5%
2019-05-02 12:30 PM Nonfarm Productivity QoQ Prel Q1 3.6% 1.3% 2.2% 1.4%
2019-06-06 12:30 PM Nonfarm Productivity QoQ Final Q1 3.4% 1.9% 3.5% 3.6%
2019-08-15 12:30 PM Nonfarm Productivity QoQ Prel Q2 3.4%
2019-09-05 12:30 PM Nonfarm Productivity QoQ Final Q2
2019-11-06 12:30 PM Nonfarm Productivity QoQ Prel Q3


United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.60 10.80 2.50 percent [+]
Non Farm Payrolls 224.00 72.00 1118.00 -1959.00 Thousand [+]
Nonfarm Payrolls Private 191.00 83.00 1092.00 -1766.00 Thousand [+]
Government Payrolls 33.00 -11.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 17.00 3.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 216.00 208.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1686.00 1728.00 6635.00 988.00 Thousand [+]
ADP Employment Change 102.00 41.00 360.00 -706.00 Thousand [+]
Employed Persons 157005.00 156758.00 157005.00 57635.00 Thousand [+]
Unemployed Persons 5975.00 5888.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.40 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.90 62.80 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.87 0.80 4.40 0.08 percent [+]
Youth Unemployment Rate 8.10 8.50 19.50 7.80 percent [+]
Labour Costs 108.71 109.16 109.61 17.00 Index Points [+]
Productivity 106.96 106.06 106.96 26.02 Index Points [+]
Job Vacancies 7230.00 7739.00 7884.00 2157.00 Thousand [+]
Job Offers 7323.00 7372.00 7626.00 2264.00 Thousand [+]
Challenger Job Cuts 41977.00 58577.00 248475.00 15100.00 Persons [+]
Wages 23.43 23.39 23.43 2.50 USD/Hour [+]
Wages in Manufacturing 22.03 22.04 22.04 1.27 USD/Hour [+]
Wage Growth 3.59 3.56 13.78 -5.88 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.70 0.70 1.60 0.20 percent [+]
Population 327.17 325.15 327.17 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Employment Rate 60.60 60.60 64.70 55.00 percent [+]
Full Time Employment 130148.00 129695.00 130159.00 64640.00 Thousand [+]
Part Time Employment 26807.00 26981.00 28134.00 10086.00 Thousand [+]
Living Wage Family 2380.00 2270.00 2380.00 2160.00 USD/Month [+]
Living Wage Individual 1660.00 1560.00 1660.00 1450.00 USD/Month [+]
Wages Low Skilled 1960.00 1760.00 2340.00 1760.00 USD/Month [+]
Wages High Skilled 4520.00 4330.00 4950.00 4330.00 USD/Month [+]


United States Nonfarm Labour Productivity

In the United States, the productivity of nonfarm workers is measured as the output of goods and services per hour worked. Labor productivity is calculated by dividing an index of real output by an index of hours worked of all persons, including employees, proprietors, and unpaid family workers. . This page provides - United States Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Nonfarm Labour Productivity - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
106.96 106.06 106.96 26.02 1950 - 2019 Index Points Quarterly
2012=100, SA




Country Last Previous
Australia 99.90 Mar/19
Brazil 116.60 May/19
Canada 105.97 Mar/19
Euro Area 105.10 Mar/19
France 103.70 Mar/19
Germany 99.30 May/19
Japan 95.50 Apr/19
Mexico 110.00 Feb/19
Netherlands 105.92 Mar/19
Russia 1.50 Dec/17
Singapore 110.80 Mar/19
South Korea 111.50 Dec/18
Spain 101.80 Mar/19
Switzerland 102.54 Mar/19
United Kingdom 101.20 Mar/19
United States 106.96 Mar/19


Related

Latest