Activity Rate: Aged 15-64: Females for the Euro Area (19 Countries)
Quarterly, Not Seasonally Adjusted
LRAC64FEEZQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.20
Year-over-Year Change
1.89%
Date Range
4/1/2000 - 10/1/2022
Summary
This trend measures the real output per hour worked in the non-farm business sector of the U.S. economy on a quarterly basis. It is a key indicator of labor productivity and economic efficiency.
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
The Quarterly, Not Seasonally Adjusted labor productivity metric tracks changes in the efficiency of labor input for non-farm businesses. It is used by economists and policymakers to assess overall economic performance and potential for growth.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on measures of real output and total hours worked.
Historical Context
Productivity data informs decisions around monetary and fiscal policy, as well as business strategies.
Key Facts
- Productivity growth supports higher living standards.
- Q4 2022 labor productivity was 1.4% below the prior year.
- Improving productivity is a key policy goal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real output per hour worked in the non-farm business sector of the U.S. economy on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Productivity data is a key indicator of economic efficiency and potential for growth, informing decisions around monetary and fiscal policy as well as business strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on measures of real output and total hours worked.
Q: How is this trend used in economic policy?
A: Productivity data informs decisions around monetary and fiscal policy, as well as business strategies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a delay of several weeks.
Related Trends
Harmonized Index of Consumer Prices: Cultural Services for Albania
CP0942MI15ALM086NEST
Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Semi-Durables Only for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
IGDXESEZCCM086NEST
Employment Rate: Aged 15-74: Males for the Euro Area (19 Countries)
LREM74MAEZQ156S
Business Tendency Surveys: Volume of Stocks: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles: Current for Euro Area (19 Countries)
EA19BRVSLV02STSAM
Harmonised Unemployment - Monthly Levels: Total: Males for the Euro Area (19 Countries)
LFHUTTMAEZA647S
Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for Euro Area (18 countries)
00XTOBEZ18M086NEST
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRAC64FEEZQ156N), retrieved from FRED.