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United States Nonfarm Labour Productivity

Productivity in the United States increased to 107.40 Index Points in the fourth quarter of 2016 from 107 Index Points in the third quarter of 2016. Productivity in the United States averaged 62.34 Index Points from 1950 until 2016, reaching an all time high of 107.40 Index Points in the fourth quarter of 2016 and a record low of 27.60 Index Points in the first quarter of 1950. In the United States, the productivity of nonfarm workers is measured as the output of goods and services per hour worked. Labor productivity is calculated by dividing an index of real output by an index of hours worked of all persons, including employees, proprietors, and unpaid family workers.
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