Labor productivity in the US non-farm business sector rose by an annualized 10.1 percent during the second quarter of 2020, well above a preliminary estimate of a 7.3 percent increase mainly due to a 1.8 percentage point upward revision to output. Unit labor costs increased 9.0 percent, a smaller increase than previously reported (12.2 percent). This downward revision is largely due to the 2.8 percentage point upward revision to productivity; the remaining revision comes from hourly compensation being revised down 0.4 percentage point, from a 20.4 percent increase to a 20.0 percent increase.

Productivity in the United States averaged 61.49 points from 1950 until 2020, reaching an all time high of 110.95 points in the second quarter of 2020 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 September of 2020.