Productivity
How much the economy produces for each hour worked. It's an index (100 = the baseline year), so rising means each hour of work creates more value than before.
Most recent
120.0
output per hour
April 2026
98.3 in 2016 → 120.0 today — 1.2× higher.
Change
1 year
▲ 2.2%
2 years
▲ 4.4%
5 years
▲ 7.5%
10 years
▲ 22.1%
Source: FRED (OPHNFB).