FX.co ★ US Productivity Growth Unrevised in Q2

US nonfarm business-sector labor productivity rose 1.4% in the second quarter of 2026, unchanged from the preliminary estimate and following a 0.8% increase in the first quarter. Output increased 1.7% and hours worked rose 0.3%, both in line with the initial estimates.

Manufacturing productivity, however, was revised up to 2.4% from a preliminary 1.9%, marking its strongest reading since the second quarter of 2021. Output growth was revised to 5.4% from 4.6%, while hours worked increased 2.9%, compared with 2.6% previously estimated.

In durable manufacturing, productivity increased 3.6%, with output up 8.9% and hours worked advancing 5.1%. In nondurable manufacturing, productivity grew 2.1%, as output rose 1.4% while hours worked declined 0.6%.

On an annual basis, nonfarm business productivity increased 2.2%, while manufacturing productivity rose 1.1%.