Quarterly
ULQBBV07LUQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,500,263,640.70
Year-over-Year Change
-2.61%
Date Range
1/1/1995 - 7/1/2011
Summary
The Quarterly Productivity data series tracks changes in productivity per hour of work in the U.S. economy. This metric is a key indicator of economic efficiency and competitiveness.
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
Quarterly Productivity measures the real output per hour of all persons in the U.S. nonfarm business sector. It is a crucial metric for evaluating the efficiency and competitiveness of the national economy over time.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of real output and total hours worked.
Historical Context
Quarterly Productivity data informs economic policymaking and helps analysts assess the overall health and long-term growth potential of the U.S. economy.
Key Facts
- Quarterly Productivity increased by 3.1% in 2022 Q1.
- The U.S. has averaged 1.5% annual growth in Quarterly Productivity since 2010.
- Quarterly Productivity is a key input for calculating GDP and other macroeconomic indicators.
FAQs
Q: What does this economic trend measure?
A: Quarterly Productivity measures the real output per hour of work in the U.S. nonfarm business sector, providing a gauge of economic efficiency and competitiveness.
Q: Why is this trend relevant for users or analysts?
A: Quarterly Productivity data is a crucial indicator of the overall health and growth potential of the U.S. economy, informing policy decisions and economic analysis.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on measures of real output and total hours worked.
Q: How is this trend used in economic policy?
A: Quarterly Productivity data helps policymakers and economists assess the efficiency and competitiveness of the U.S. economy, informing decisions on fiscal, monetary, and regulatory policies.
Q: Are there update delays or limitations?
A: The Quarterly Productivity data is published by the Bureau of Labor Statistics with a lag of approximately one month after the end of each quarter.
Related Trends
Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Luxembourg
LUXPERMITQISMEI
Producer Prices Index: Economic Activities: Manufacturing: Total for Luxembourg
PIEAMP01LUM661N
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Luxembourg
LFAC64TTLUQ647S
Harmonized Index of Consumer Prices: Education for Luxembourg
CP1000LUM086NEST
Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Luxembourg
LFEAAGTTLUA647N
Harmonized Index of Consumer Prices: Meat for Luxembourg
CP0112LUM086NEST
Citation
U.S. Federal Reserve, Quarterly Productivity (ULQBBV07LUQ189N), retrieved from FRED.