Nonfinancial Corporations Sector: Output per Worker for Employees
PRS88003161 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.20
Year-over-Year Change
N/A%
Date Range
1/1/1948 - 1/1/2025
Summary
This economic trend measures the output per worker for employees in the U.S. nonfinancial corporations sector, providing insights into labor productivity and economic growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Nonfinancial Corporations Sector: Output per Worker for Employees metric tracks the ratio of real output to the number of employees in the nonfinancial corporate sector, offering a gauge of labor productivity and efficiency.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on output and employment figures for the nonfinancial corporate sector.
Historical Context
This productivity trend is closely monitored by economists and policymakers to assess the health and competitiveness of the U.S. economy.
Key Facts
- Measures output per worker in the nonfinancial corporate sector.
- Provides insights into labor efficiency and economic competitiveness.
- Closely tracked by economists and policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the output per worker for employees in the U.S. nonfinancial corporations sector, providing insights into labor productivity and economic growth.
Q: Why is this trend relevant for users or analysts?
A: This productivity metric is closely monitored by economists and policymakers to assess the health and competitiveness of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on output and employment figures for the nonfinancial corporate sector.
Q: How is this trend used in economic policy?
A: This productivity trend is used by economists and policymakers to evaluate the efficiency and competitiveness of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological limitations of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Nonfinancial Corporations Sector: Output per Worker for Employees (PRS88003161), retrieved from FRED.