U.S. Nonfarm Productivity QoQ

USD
Actual
3.5%
Forecast
3.7%
Previous
-2.1%
Latest Release
Sep 07, 2023
Importance
Overview
Nonfarm Productivity measures the annualised change in labour efficiency when producing goods and services, excluding the farming industry. Higher productivity has the ability to boost workers wages without generating inflation.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Sep 07, 2023 (Q2) 18:00 3.5% 3.7%
-2.1%
Aug 03, 2023 (Q2) 18:00 3.7% 2.0%
-1.2%
Jun 01, 2023 (Q1) 18:00 -2.1% -2.7%
1.7%
May 04, 2023 (Q1) 18:00 -2.7% -1.8%
1.6%
Mar 02, 2023 (Q4) 19:00 1.7% 2.6%
1.4%
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