Josh 10

Productivity growth firms up post-pandemic – but hardly out-of-sample: 3-year average annualized productivity growth in non-farm business sector

Date Productivity Growth Rate
2000-01-01 3.5%
2000-04-01 3.7%
2000-07-01 3.4%
2000-10-01 3.6%
2001-01-01 3.1%
2001-04-01 3.5%
2001-07-01 3.2%
2001-10-01 3.4%
2002-01-01 3.4%
2002-04-01 3.5%
2002-07-01 3.5%
2002-10-01 3.0%
2003-01-01 3.4%
2003-04-01 3.2%
2003-07-01 3.9%
2003-10-01 3.8%
2004-01-01 4.0%
2004-04-01 3.7%
2004-07-01 3.7%
2004-10-01 3.5%
2005-01-01 3.3%
2005-04-01 3.0%
2005-07-01 3.0%
2005-10-01 3.0%
2006-01-01 2.9%
2006-04-01 2.4%
2006-07-01 1.6%
2006-10-01 1.6%
2007-01-01 1.6%
2007-04-01 1.5%
2007-07-01 1.6%
2007-10-01 1.6%
2008-01-01 1.0%
2008-04-01 1.5%
2008-07-01 1.3%
2008-10-01 1.1%
2009-01-01 1.3%
2009-04-01 2.1%
2009-07-01 2.7%
2009-10-01 3.0%
2010-01-01 2.9%
2010-04-01 2.9%
2010-07-01 2.8%
2010-10-01 2.7%
2011-01-01 2.7%
2011-04-01 2.3%
2011-07-01 2.1%
2011-10-01 2.5%
2012-01-01 2.2%
2012-04-01 1.6%
2012-07-01 0.9%
2012-10-01 0.4%
2013-01-01 0.6%
2013-04-01 0.5%
2013-07-01 0.4%
2013-10-01 0.7%
2014-01-01 0.6%
2014-04-01 0.8%
2014-07-01 1.1%
2014-10-01 0.8%
2015-01-01 0.9%
2015-04-01 0.9%
2015-07-01 1.1%
2015-10-01 1.0%
2016-01-01 0.9%
2016-04-01 0.9%
2016-07-01 0.8%
2016-10-01 0.8%
2017-01-01 1.1%
2017-04-01 0.9%
2017-07-01 1.0%
2017-10-01 1.4%
2018-01-01 1.3%
2018-04-01 1.1%
2018-07-01 1.1%
2018-10-01 1.3%
2019-01-01 1.4%
2019-04-01 1.6%
2019-07-01 1.8%
2019-10-01 1.9%
2020-01-01 1.7%
2020-04-01 3.3%
2020-07-01 3.6%
2020-10-01 3.0%
2021-01-01 3.1%
2021-04-01 3.2%
2021-07-01 3.0%
2021-10-01 3.2%
2022-01-01 2.5%
2022-04-01 2.0%
2022-07-01 1.7%
2022-10-01 1.6%
2023-01-01 1.9%
2023-04-01 0.6%
2023-07-01 0.4%
2023-10-01 1.1%
2024-01-01 0.9%
2024-04-01 1.1%
2024-07-01 1.5%
2024-10-01 1.5%
2025-01-01 1.8%
2025-04-01 2.4%
2025-07-01 2.8%
2025-10-01 2.8%
2026-01-01 2.7%
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Economic Policy Institute

Source: Bureau of Labor Statistics (BLS) Productivity program.

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