Figure C

Productivity began accelerating in mid-2022—as soon as full recovery from pandemic was made: Index (level) of real output per hour in nonfarm business sector, 2019–2025

Date Productivity index
2019-01-01 102.339
2019-04-01 102.968
2019-07-01 104.128
2019-10-01 105.107
2020-01-01 104.618
2020-04-01 109.707
2020-07-01 111.468
2020-10-01 110.615
2021-01-01 111.429
2021-04-01 111.448
2021-07-01 110.808
2021-10-01 111.599
2022-01-01 110.212
2022-04-01 109.296
2022-07-01 109.295
2022-10-01 110.020
2023-01-01 110.215
2023-04-01 111.133
2023-07-01 112.424
2023-10-01 113.391
2024-01-01 113.845
2024-04-01 114.430
2024-07-01 115.241
2024-10-01 115.725
2025-01-01 115.206
2025-04-01 116.143
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Economic Policy Institute

Source: Bureau of Labor Statistics (BLS), Nonfarm Business Sector Productivity and Costs Program, series code: PRS85006093.

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