Nonfarm Productivity

The Non-farm Productivity released by the Bureau of Labor Statistics of the US Department of Labor shows the output per Hour of labor worked. Non-farm Productivity indicates the overall business health in the US, which has an influence on GDP. A high reading is positive (or bullish) for the USD, while a low reading is negative (or bearish).

Most recent - Thursday 3 September 2026 12:30

Previous
1.4%
Revised
-
Forecast
1.4%
Actual
1.4%

Next event - Thursday 5 November 2026 12:30

Previous
1.4%
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Nonfarm Productivity yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Nonfarm Productivity was 1.4% against a forecast of 1.4%.

Past events

Date
Forecast
Actual
Thursday 3 September 2026 12:30
1.4%
1.4%
Thursday 6 August 2026 12:30
0.6%
1.4%
Thursday 4 June 2026 12:30
0.8%
0.3%
Thursday 7 May 2026 12:30
-
0.8%
Tuesday 24 March 2026 12:30
2.5%
1.8%
Thursday 5 March 2026 13:30
4.8%
2.8%
Thursday 29 January 2026 13:30
4.9%
4.9%
Thursday 8 January 2026 13:30
-
4.9%
Thursday 4 September 2025 12:30
2.4%
3.3%
Thursday 7 August 2025 12:30
2.5%
2.4%
Thursday 5 June 2025 12:30
-0.7%
-1.5%
Thursday 8 May 2025 12:30
-0.4%
-0.8%
Thursday 6 March 2025 13:30
1.2%
1.5%
Thursday 6 February 2025 13:30
1.7%
1.2%
Tuesday 10 December 2024 13:30
2.2%
2.2%
Thursday 7 November 2024 13:30
2.3%
2.2%
Thursday 5 September 2024 12:30
2.3%
2.5%
Thursday 1 August 2024 12:30
1.7%
2.3%
Thursday 6 June 2024 12:30
0.1%
0.2%
Thursday 2 May 2024 12:30
0.8%
0.3%
Thursday 7 March 2024 13:30
3.1%
3.2%
Thursday 1 February 2024 13:30
2.5%
3.2%
Wednesday 6 December 2023 13:30
4.9%
5.2%
Thursday 2 November 2023 12:30
4.2%
4.7%

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Nonfarm Productivity result:

PreviousLatest
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change3%3.1%
Core Personal Consumption Expenditures (QoQ)Bearish change3.3%2.5%
Gross Domestic Product AnnualizedBullish change2.2%3.4%
Gross Domestic Product Price IndexBearish change6.1%2.2%
Initial Jobless ClaimsBullish change195K194K
Personal Consumption Expenditures - Price Index (MoM)Bullish change0.3%0.5%
Personal Consumption Expenditures - Price Index (YoY)Bullish change3.4%3.6%
Personal Consumption Expenditures Prices (QoQ)Bearish change5%2.1%
Personal Income (MoM)Bearish change0.3%0.2%
Personal SpendingBearish change0.9%0.5%
Fed Interest Rate Decision(no change)4%4%
New Home Sales Change (MoM)Bearish change5.1%-0.6%
Housing Price Index (MoM)(no change)0.3%0.3%
Durable Goods OrdersBullish change0.1%1.8%
Durable Goods Orders ex DefenseBullish change0.3%2.2%
Durable Goods Orders ex TransportationBullish change0.2%0.5%
Nondefense Capital Goods Orders ex AircraftBearish change1.6%0.5%
ADP Employment Change 4-week averageBearish change17.5K16.8K
Michigan Consumer Expectations IndexBullish change47.348.8
Michigan Consumer Sentiment IndexBullish change46.348
UoM 1-year Consumer Inflation Expectations(no change)4.7%4.7%
UoM 5-year Consumer Inflation Expectation(no change)3.5%3.5%
S&P Global Composite PMIBearish change58.457.6
S&P Global Manufacturing PMIBullish change55.956
S&P Global Services PMIBearish change58.857.9
Initial Jobless ClaimsBullish change200K194K
Pending Home Sales (MoM)Bearish change0.3%-7.3%
Building Permits (MoM)Bearish change1.403M1.4M
Housing Starts (MoM)Bearish change1.288M1.221M
ADP Employment Change 4-week averageBearish change24.75K18.5K
Monthly Budget StatementBullish change$-166.8B$-27B
Industrial Production (MoM)Bullish change0.1%0.7%

About Nonfarm Productivity

Country:United States
Currency:USD
Source:US Bureau of Labor Statistics
Category:Labor Market
Frequency:Quarterly
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