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January 30, 2026
US PRODUCTIVITY, Q3 2025 [REVISED]

US nonfarm business sector labour productivity was revised to a seasonally adjusted annualized rate of 4.9% in Q3 2025.  Accelerated growth in labour productivity combined with a 0.5% rise in hours worked lifted US business sector output by 5.4%. 

US unit labour costs were down 1.9%, as the labour productivity improvement of 4.9% more than offset a 2.9% rise in hourly compensation. 

Note: All figures are reported as growth from the previous quarter at seasonally adjusted annualized rates.

Source: US Bureau of Labor Statistics,  retrieved  from Federal Reserve Bank of St. Louis