Nonfarm labor productivity in the US rose by an annualized 5.4 percent in the first quarter of 2021, unrevised from the preliminary estimate and recovering from a 3.8 percent fall in the previous period. Output increased 8.6 percent and hours worked 2.9 percent. Year-on-year, nonfarm business sector labor productivity increased 4.1 percent, reflecting a 1.1 percent rise in output and a 2.9 percent decline in hours worked. source: U.S. Bureau of Labor Statistics

Productivity in the United States averaged 62.02 points from 1950 until 2021, reaching an all time high of 112.73 points in the first quarter of 2021 and a record low of 25.99 points in the first quarter of 1950. This page provides - United States Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Nonfarm Labour Productivity - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.

Productivity in the United States is expected to be 112.60 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 111.00 in 12 months time. In the long-term, the United States Nonfarm Labour Productivity is projected to trend around 111.00 points in 2022 and 112.00 points in 2023, according to our econometric models.

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United States Nonfarm Labour Productivity

Actual Previous Highest Lowest Dates Unit Frequency
112.73 111.26 112.73 25.99 1950 - 2021 points Quarterly
2012=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-04 01:30 PM Nonfarm Productivity QoQ Prel Q4 -4.8% 5.1% -2.8% -2.5%
2021-03-04 01:30 PM Nonfarm Productivity QoQ Final Q4 -4.2% 4.2% -4.7% -4.8%
2021-05-06 12:30 PM Nonfarm Productivity QoQ Prel Q1 5.4% -3.8% 4.3% 3.2%
2021-06-03 12:30 PM Nonfarm Productivity QoQ Final Q1 5.4% -3.8% 5.5% 5.4%
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News Stream
US Labour Productivity Unrevised in Q1
Nonfarm labor productivity in the US rose by an annualized 5.4 percent in the first quarter of 2021, unrevised from the preliminary estimate and recovering from a 3.8 percent fall in the previous period. Output increased 8.6 percent and hours worked 2.9 percent. Year-on-year, nonfarm business sector labor productivity increased 4.1 percent, reflecting a 1.1 percent rise in output and a 2.9 percent decline in hours worked.
2021-06-03
US Labour Productivity Rises More than Expected
Nonfarm labor productivity in the US rose by an annualized 5.4 percent in the first quarter of 2021, recovering from a downwardly revised 3.8 percent fall in the previous period and above market expectations of a 4.3 percent increase, preliminary estimates showed. Output increased 8.4 percent and hours worked increased 2.9 percent. Year-on-year, nonfarm business sector labor productivity increased 4.1 percent, reflecting a 1.1 percent increase in output and a 2.9 percent decline in hours worked.
2021-05-06
US Productivity Falls Less than Initially Expected
Nonfarm labor productivity in the US fell by an annualized 4.2 percent in the last quarter of 2020, less than initial estimates of a 4.8 percent decline. Still, it remains the biggest decline in productivity since the second quarter of 1981. Output increased 5.5 percent and hours worked rose 10.1 percent. Year-on-year, nonfarm business sector labor productivity increased 2.4 percent, reflecting a 2.6 percent decline in output and a 4.9 percent drop in hours worked. It compares with initial estimates of a 2.5 percent rise.
2021-03-04
US Productivity Falls the Most since 1981
Nonfarm labor productivity in the US fell by an annualized 4.8 percent in the last quarter of 2020, following an upwardly revised 5.1 percent increase in the previous period, preliminary estimates showed. It is the biggest decrease in productivity since a 5.1 percent drop in the second quarter of 1981. Output went up 5.3 percent and hours worked increased 10.7 percent. Durable goods manufacturing productivity increased 5.3 percent and nondurable goods one was unchanged. Year-on-year, labor productivity increased 2.5 percent, reflecting a 2.7 percent decline in output and a 5 percent drop in hours worked.
2021-02-04

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.