Nonfarm Business Sector: Labor Productivity (Output per Hour) for All
Labor · FRED/Treasury · PRS85006091
What this measures. Labor productivity, or output per hour, 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. For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf Source Indicator PRS85006091
The latest reading sits at MID relative to this series' own history (313 observations) — a statement of where it is in its range, not a forecast. Hover the chart for values; the marked point is the most recent observation.
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