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U.S. nonfinancial corporate sector productivity - quarterly percent change 2017-2020

During the second quarter of 2020, the nonfinancial corporate sector productivity increased by 2.9 percent in the United States. The data are seasonally adjusted at annual rates. Productivity describes the relationship between real output and the labor time involved in its production. They show the changes from period to period in the amount of goods and services produced per hour.

Quarterly percent change in the nonfinancial corporate sector labor productivity in the United States from 2017 to 2020

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Source

Release date

November 2020

Region

United States

Survey time period

2017 to 2020

Supplementary notes

For a detailed explanation on the methodology employed by the Bureau of Labor Statistics to calculate the data see here.

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