{"as_of":"2026-10-28T00:29:30.707Z","source_url":"https://www.bls.gov/news.release/prod2.toc.htm","disclaimer":"Educational information from official sources, not financial advice","item":{"id":"96bc7775bc3c8d7b","source":"bls","source_name":"BLS","title":"Productivity: +1.4% in 2nd Qtr of 2026","excerpt":"Productivity +1.4% in 2nd Qtr of 2026. Definition: Output per hour, nonfarm business, percent change from previous quarter at annual rate, seasonally adjusted.","published_at":"2026-09-03T11:51:09.230Z","fetched_at":"2026-10-19T19:20:35.174Z","topics":["rates","growth"],"importance":2,"url":"https://rogueiq.com/econiq/bls/productivity-qtr-september-3-2026/","source_url":"https://www.bls.gov/news.release/prod2.toc.htm","source_feed":"https://www.bls.gov/feed/","ticker":null},"breakdown":{"item_id":"96bc7775bc3c8d7b","key_points":["Unit labor costs in the nonfarm business sector increased 1.2 percent in the second quarter of 2026, reflecting a 2.6-percent increase in hourly compensation and a 1.4-percent increase in productivity.","During the current business cycle, starting in the fourth quarter of 2019, labor productivity has grown at an annualized rate of 2.1 percent through the second quarter of 2026…","Manufacturing sector labor productivity increased 2.4 percent in the second quarter of 2026, as output increased 5.4 percent and hours worked increased 2.9 percent.","Durable manufacturing sector productivity was revised up 0.9 percentage point to an increase of 3.6 percent; nondurable manufacturing sector productivity was revised up 0.1 percentage point to an increase of 2.1 percent.","In the nonfinancial corporate sector, first-quarter 2026 productivity increased 1.4 percent, as previously reported."],"what_it_says":"Unit labor costs in the nonfarm business sector increased 1.2 percent in the second quarter of 2026, reflecting a 2.6-percent increase in hourly compensation and a 1.4-percent increase in productivity. During the current business cycle, starting in the fourth quarter of 2019, labor productivity has grown at an annualized rate of 2.1 percent through the second quarter of 2026… Manufacturing sector labor productivity increased 2.4 percent in the second quarter of 2026, as output increased 5.4 percent and hours worked increased 2.9 percent. Durable manufacturing sector productivity was revised up 0.9 percentage point to an increase of 3.6 percent; nondurable manufacturing sector productivity was revised up 0.1 percentage point to an increase of 2.1 percent. In the nonfinancial corporate sector, first-quarter 2026 productivity increased 1.4 percent, as previously reported.","whats_new_vs_last":"","caveats":[],"source_table_url":"https://data.bls.gov/pdq/SurveyOutputServlet?data_tool=latest_numbers&series_id=PRS85006092","quoted_lines":[],"engine":"deterministic-v2","numbers_verified":true,"generated_at":"2026-10-27T19:30:23.896Z"}}