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LABOR PRODUCTIVITY

index, 2017 = 100 · 1947–2026 · higher is better · FRED OPHNFB
119.8
2026 (thru Apr) (latest)
22.5
1947
119.8
high · 2026
22.5
low · 1947
+432%
since 1947
31.963.895.7127.619501960197019801990200020102020 Oil shock & inflation peak (1979)’79Black Monday crash (1987)’87Gulf War recession (1991)’91Dot-com bust & 9/11 (2001)’01Global financial crisis (2008)’08COVID-19 pandemic (2020)’20
┊ dashed lines mark 1979 Oil shock & inflation peak · 1987 Black Monday crash · 1991 Gulf War recession · 2001 Dot-com bust & 9/11 · 2008 Global financial crisis · 2020 COVID-19 pandemic
Method & caveats. BLS nonfarm business output per hour, annual average of quarters.
Sources

Every value on this page is read from the publisher below. Current and historical source documents:

Data
YearLabor ProductivityChange
2026119.8+2%
2025118.0+2%
2024115.4+3%
2023112.1+2%
2022109.8−1%
2021111.4+2%
2020109.1+5%
2019103.6+2%
2018101.5+1%
2017100.1+2%
201698.6+1%
201598.0+1%
201496.8+1%
201395.8+1%
201295.2+1%
201194.3−0%
201094.4+3%
200991.5+4%
200887.9+1%
200786.8+2%
200685.4+1%
200584.6+2%
200482.7+3%
200380.4+4%
200277.5+4%
200174.3+2%
200072.5+3%
199970.3+4%
199867.7+3%
199765.5+2%
199664.3+2%
199562.9+1%
199462.3+1%
199361.8+0%
199261.8+5%
199159.1+2%
199058.2+2%
198957.2+1%
198856.7+2%
198755.8+1%
198655.5+3%
198553.9+2%
198453.0+2%
198351.8+4%
198249.8−1%
198150.2+1%
198049.5+0%
197949.5−0%
197849.6+1%
197748.9+2%
197648.1+4%
197546.4+3%
197445.2−2%
197346.0+3%
197244.6+3%
197143.1+4%
197041.5+1%
196940.9+0%
196840.8+3%
196739.5+2%
196638.8+4%
196537.4+3%
196436.2+3%
196335.3+4%
196234.1+4%
196132.7+3%
196031.6+1%
195931.3+4%
195830.2+2%
195729.5+2%
195628.8−0%
195528.9+4%
195427.8+2%
195327.2+2%
195226.6+2%
195126.1+3%
195025.4+7%
194923.8+3%
194823.1+3%
194722.5
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