Quarterly
BPCATD01RUQ637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101,000,000.00
Year-over-Year Change
-51.67%
Date Range
1/1/1994 - 4/1/2012
Summary
The Quarterly Percentage Change in Business Productivity (BPCATD01RUQ637N) measures the change in output per hour worked by U.S. businesses. 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
Business productivity is a crucial measure of how effectively companies are converting labor and other inputs into goods and services. Quarterly changes in this metric help economists and policymakers assess the overall health and dynamism of the U.S. economy.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using production and employment data from various government surveys.
Historical Context
Productivity trends are closely monitored by the Federal Reserve and other agencies to inform economic and monetary policy decisions.
Key Facts
- Productivity growth is a key driver of long-term economic prosperity.
- U.S. business productivity has grown by an average of 2.1% annually since 1947.
- Improving productivity is a major policy goal to boost competitiveness and living standards.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Percentage Change in Business Productivity tracks the change in output per hour worked by U.S. businesses on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Productivity growth is a critical driver of economic competitiveness, living standards, and long-term prosperity. Monitoring quarterly changes helps policymakers and businesses assess the health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using production and employment data from various government surveys.
Q: How is this trend used in economic policy?
A: Productivity trends are closely monitored by the Federal Reserve and other agencies to inform economic and monetary policy decisions that aim to promote growth and stability.
Q: Are there update delays or limitations?
A: The Quarterly Percentage Change in Business Productivity data is published with a lag of approximately one quarter.
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Citation
U.S. Federal Reserve, Quarterly Percentage Change in Business Productivity (BPCATD01RUQ637N), retrieved from FRED.