U.S. Productivity Growth
Productivity Home Page : U.S. Bureau of Labor Statistics
News Releases · Total factor productivity increased 0.7% in 2023, following a 1.6% decrease in 2022. 03/21/2024 · Total factor productivity increases in 9 out of ...
In Brief: The Recent Rise in US Labor Productivity
During the tail end of that century, from 1950 to 1970, worker productivity was growing at an average annual rate of 2.7 percent. Since then, ...
Labor Productivity (Output per Hour) for All Workers (OPHNFB ...
U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Labor Productivity ... Slow...labor...productivity...growth. FRED Blog. When comparing wages and ...
Productivity and Costs, Third Quarter 2024, Preliminary (PDF)
U.S. Bureau of Labor ... upward revision to the annualized labor productivity growth rate during the current business cycle to 2.4.
United States Nonfarm Labor Productivity - Trading Economics
Productivity in the United States increased to 114.48 points in the third quarter of 2024 from 113.85 points in the second quarter of 2024.
What's Been Driving the US Productivity Surge? - AEI
Keep in mind that productivity growth from 2005 to 2019 averaged 1.5 percent, lower than the post-war average of 2.2 percent. This slowdown ...
Rekindling US productivity growth for a new era - McKinsey
Boosting US productivity represents a $10 trillion opportunity. That's the potential cumulative increase in US GDP between now and 2030— ...
The Productivity–Pay Gap | Economic Policy Institute
The growing gap amid slowing productivity growth tells us that the same set of policies that suppressed pay growth for the vast majority of workers over the ...
America's Labor Productivity Sets it Apart - TD Economics
Since the pandemic, U.S. labor productivity has grown at a robust pace of 1.5% annually. In other advanced economies productivity growth has ...
Strong US worker productivity keeps labor costs in check in fourth ...
U.S. worker productivity grew faster than expected in the ... Productivity growth averaged 1.2% in 2023 after contracting 1.9% in 2022.
American productivity still leads the world - The Economist
But when assessed on a per-hour basis the gap remains sizeable: 73% productivity growth for American workers since 1990 versus 39% in the euro ...
America Must Rediscover Its Dynamism
Since about 2003, productivity gains have been lackluster, with labor productivity slowing to an average growth rate of less than 1.5 percent in the decade ...
Labor Productivity (Output per Hour) for All Workers (PRS85006091 ...
U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Labor Productivity (Output per Hour) for All Workers [PRS85006091], retrieved from FRED, Federal ...
Labor Productivity Is Popping | Richmond Fed
As of the fourth quarter of 2023, four-year annualized growth of labor productivity was 1.6 percent — the same as in the third quarter — and ...
Investing in productivity growth | McKinsey
If the United States had not had a manufacturing slowdown, its GDP per capita in 2022 would have been around $5,000 higher. If growth in capital ...
Labour productivity growth in the euro area and the United States
As regards the industry sector, hourly labour productivity increased by 8.8% in the United States, whereas in the euro area it increased by just 0.8%. However, ...
Productivity Growth in US Agriculture (1948–2021) - USDA ERS
With aggregate inputs (including land, labor, capital, and intermediate inputs) declining by -0.03 percent per year on average, total factor ...
U.S. economy is showing some productivity pep - Axios
Driving the news: Fresh data Thursday showed U.S. labor productivity growth jumped by a 4.7% annualized rate in the third quarter. That's the ...
A Retrospective Look at the U.S. Productivity Growth Resurgence
A Retrospective Look at the U.S. Productivity Growth Resurgence by Dale W. Jorgenson, Mun S. Ho and Kevin J. Stiroh. Published in volume 22, issue 1, ...
What is labor productivity, and how has it changed in the US over ...
According to the National Center for Education Statistics, 11–20% of labor productivity growth between 1948 to 1990 can be attributed to ...