16
Annual average productivity increased 1.7% in Q4 2022 but decreased
1.8% from 2021 to 2022. This is the largest annual decline in the measure
since 1974.
-10
-5
0
5
10
15
20
Q1
2012
Q3
2012
Q1
2013
Q3
2013
Q1
2014
Q3
2014
Q1
2015
Q3
2015
Q1
2016
Q3
2016
Q1
2017
Q3
2017
Q1
2018
Q3
2018
Q1
2019
Q3
2019
Q1
2020
Q3
2020
Q1
2021
Q3
2021
Q1
2022
Q3
2022
Manufacturing Labor Productivity decreased
2.7% in Q4 2022 from previous quarter
-10
-5
0
5
10
15
20
Q1
2012
Q3
2012
Q1
2013
Q3
2013
Q1
2014
Q3
2014
Q1
2015
Q3
2015
Q1
2016
Q3
2016
Q1
2017
Q3
2017
Q1
2018
Q3
2018
Q1
2019
Q3
2019
Q1
2020
Q3
2020
Q1
2021
Q3
2021
Q1
2022
Q3
2022
Nonfarm Business Labor Productivity
increased 1.7% in Q4 2022 from previous
quarter
Source: Bureau of Labor Statistics
