QoQ Change in Preliminary Quarterly Non-Farm Productivity in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The preliminary value for quarterly nonfarm sector labor productivity measures the change in labor productivity in the U.S. nonfarm sector from the previous quarter. This data is released quarterly by the U.S. Bureau of Labor Statistics (BLS) and provides initial, preliminary figures.
Quarter-over-quarter data is essential for understanding how labor productivity is fluctuating over short periods. An increase in labor productivity indicates enhanced business efficiency and an expanding economy. Conversely, a decrease in labor productivity suggests a decline in business efficiency and a potential economic slowdown.
This data serves as a critical reference for policymakers assessing labor market trends and formulating appropriate economic policies. It is also a vital resource for businesses and investors for understanding labor productivity trends and forecasting economic prospects.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
