United States Nonfarm Labour Productivity

Discussion in 'Market News' started by Jonathan, Nov 6, 2015.

  1. Jonathan

    Jonathan Forum Member

    Aug 29, 2015
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    Nonfarm labor productivity increased at a seasonally adjusted annual rate of 1.6 percent qoq in third quarter of 2015, following a 3.5 percent rise in the previous period and compared to market expectations of a 0.2 percent drop, preliminary estimates showed. Output increased 1.2 percent while hours worked fell 0.5 percent, the first drop since the third quarter of 2009. Year-on-year, productivity went up 0.4 percent. Productivity in the United States averaged 61.44 Index Points from 1950 until 2015, reaching an all time high of 106.36 Index Points in the third quarter of 2015 and a record low of 27.56 Index Points in the first quarter of 1950. Productivity in the United States is reported by the U.S. Bureau of Labor Statistics. In the United States, the productivity of nonfarm workers is measured as the output of goods and services per hour worked. This page provides - United States Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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