Productivity Up 1.2% in Q4

Washington, DC, February 6, 2025-Nonfarm business sector labor productivity increased 1.2% in Q4 2024, the U.S. Bureau of Labor Statistics reported, as output increased 2.3% and hours worked increased 1.0%. 

From the same quarter a year ago, nonfarm business sector labor productivity increased 1.6% in Q4 2024. Annual average productivity increased 2.3% from 2023 to 2024.