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
119.4
output per hour
January 2026
98.2 in 2016 → 119.4 today — 1.2× higher.
Change
1 year
▲ 2.8%
2 years
▲ 4.8%
5 years
▲ 7.2%
10 years
▲ 21.6%
Source: FRED (OPHNFB).