Indexes of Aggregate Weekly Hours of Production and Nonsupervisory Employees, Professional and Business Services
This dataset tracks indexes of aggregate weekly hours of production and nonsupervisory employees, professional and business services over time.
Latest Value
143.60
Year-over-Year Change
-0.69%
Date Range
1/1/1964 - 7/1/2025
Summary
Measures aggregate weekly work hours for production and nonsupervisory employees in professional and business services. Provides insights into labor utilization and economic productivity.
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
Tracks total hours worked by non-management employees in professional and business service sectors. Indicates workforce engagement and economic activity levels.
Methodology
Bureau of Labor Statistics collects weekly hours data through establishment surveys.
Historical Context
Used by economists to assess labor productivity and economic performance.
Key Facts
- Comprehensive weekly hours index
- Excludes management-level employees
- Critical productivity indicator
FAQs
Q: What does this index measure?
A: Aggregate weekly work hours for production and nonsupervisory employees in professional services.
Q: Why are work hours important?
A: Indicates labor productivity, economic activity, and potential business cycle trends.
Q: How frequently is the data updated?
A: Monthly updates provide current insights into workforce hours and productivity.
Q: What sectors are included?
A: Professional and business services, excluding management-level employees.
Q: How can policymakers use this data?
A: Assess labor market conditions and potential economic performance indicators.
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Citation
U.S. Federal Reserve, Indexes of Aggregate Weekly Hours (CES6000000034), retrieved from FRED.