Description
The U.S. Output per Hour (SA) in nonfarm businesses is released by the Bureau of Labor Statistics (BLS) and measures the amount of output produced per hour worked by employees in U.S. nonfarm businesses. This indicator is crucial for understanding economic growth, corporate profitability, and labor market dynamics.
An increase in output per hour typically indicates higher labor productivity, meaning more goods or services are produced in the same or less time, which helps reduce unit production costs and enhance corporate competitiveness. Conversely, a decrease in output per hour may signal weakening labor productivity, leading to higher production costs and reduced profitability.
This data is released quarterly, reflecting changes in output per hour in U.S. nonfarm businesses.