FX.co ★ US Q4 Productivity Falls More than Expected

In the first quarter of 2025, labor productivity within the US nonfarm business sector fell by 0.8%, surpassing market predictions of a 0.7% decline, according to initial estimates. This marks the first downturn in nonfarm business sector labor productivity since the second quarter of 2022. During this period, output decreased by 0.3%, while hours worked increased by 0.6%. However, on an annual scale, labor productivity experienced a rise of 1.4%.