Economics/Employment & Labor Markets/OPHNFB

Nonfarm Business Sector: Real Output Per Hour

OPHNFB

Nonfarm business labor productivity (output per hour). Rising productivity allows wages to grow without triggering inflation — the 'free lunch' of economics. Productivity gains are the foundation of long-run living standards.

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Series IDOPHNFB

FrequencyQuarterly

UnitsIndex 2017=100

SourceFRED / St. Louis Fed

Observations0

View on FRED

Related — Employment & Labor Markets

Unemployment RateUNRATE

All Employees, Total NonfarmPAYEMS

Labor Force Participation RateCIVPART

Job Openings: Total NonfarmJTSJOL

Initial Claims for Unemployment InsuranceICSA

Average Hourly Earnings of All EmployeesCES0500000003

SOURCE: FEDERAL RESERVE ECONOMIC DATA (FRED) · 0 OBSERVATIONS