| Source | |
| Measures | Annualized change in labor efficiency when producing goods and services, excluding the farming industry; |
| Usual Effect | 'Actual' less than 'Forecast' is good for currency; |
| Frequency | Released quarterly, about 65 days after the quarter ends; |
| Next Release | |
| FF Notes | While this is q\/q data, it's reported in an annualized format (quarterly change x4). The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released a month apart – Preliminary and Revised. The Preliminary release is the earliest and thus tends to have the most impact; |
Why Traders
Care | Productivity and labor-related inflation are directly linked - a drop in a worker's productivity is equivalent to a rise in their wage. When businesses pay more for labor the higher costs are usually passed on to the consumer; |
