US Nonfarm Labour Productivity

US Nonfarm Labour Productivity is output per hour of labour, reported as Index 2017=100.

120.02

Index 2017=100

Updated 2026-04-01 · quarterly Stable

US Nonfarm Labour Productivity — latest reading: 120.02. As of April 2026, it is up 7.7% over the past 12 months, well above its 10-year average. Source: OPHNFB, US Bureau of Labor Statistics, published quarterly. Reported as published, without transformation; the publisher may revise it. Higher than every one of the other 317 readings since 1947-01-01.

Min

22.07

Max

120.02

Average

61.46

10Y Percentile

100%

3M Change

+1.0%

Apr 2026 · 120.02 Index 2017=100
NBER recession periods

US Nonfarm Labour Productivity (OPHNFB) — 318 observations from 1947-01-01 to 2026-04-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.

Compare US Nonfarm Labour Productivity with other indicators →

How these numbers changed

Every figure above is the current one. These are the same periods as first published — what US Nonfarm Labour Productivity said on the day, before it was restated. Measured in Index 2017=100.

PeriodFirst printNowChangeRepublished
Jan 2026119.576119.594+0.018
Oct 2025119.642119.35-0.292
Jul 2025117.966118.884+0.918
Apr 2025115.877117.385+1.508
Jan 2025115.488116.187+0.699
Oct 2024114.852116.445+1.593
Jul 2024114.475116.035+1.56
Apr 2024112.581114.99+2.409
Jan 2024111.909113.947+2.038
Oct 2023111.758113.881+2.123
Jul 2023110.846112.786+1.9410×

US Nonfarm Labour Productivity for January 2026 first printed at 119.576 on May 7, 2026, was revised 2 times, and now reads up to 119.594. Recompute any row from FRED's own vintage archive.

Macro Regime Context

The growth regime is currently late cycle (67% confidence).

See what this means across all four regime dimensions →

3-Month

+1.0%

6-Month

+3.1%

12-Month

+7.7%

What this means

US Nonfarm Labour Productivity is currently at 120.02 , which is well above its 10-year historical average. The trend is stable (+1.0% over the past 3 months).

Over the past 6 months the change is +3.1%, and over 12 months it is +7.7%. The short-term pace is consistent with the longer trend.

Cite this page

MacroRadar, "US Nonfarm Labour Productivity," https://www.macroradar.io/us-nonfarm-labour-productivity (as of April 2026).