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CRTLAB/Economic calendar/United States/Nonfarm Productivity QoQ

US Nonfarm Productivity QoQ

Every release since 4 Feb 2016: 44 on record, actual against forecast. Medium impact for the USD. Updated within the hour of each release.

Latest · Q3 2026 · preliminary3.6%forecast 2.8% · previous 1.4%
Above forecast55%of 44 since 2016 · last 12: 58%
Range since 2016-7.5% → 7.3%low Q1 2022 · high Q2 2020

The short answer

44 releases

The last US Nonfarm Productivity QoQ (Q3 2026 · preliminary, released 5 Nov 2026) came in at 3.6%, above the 2.8% forecast; the previous reading was 1.4%.

Since 2016, US Nonfarm Productivity QoQ has come in above forecast 55% of the time and below 43% (44 releases with a forecast); over the last 12 it beat 58%. It has now come in above forecast 2 releases in a row.

The average miss against forecast over the last 24 releases was 0.97%: higher than expected is good for the USD.

Last 12 releases

bar = actual · line = forecast
Q4 2023: actual 3.2%, forecast 2.5%3.2%Feb ’24Q1 2024: actual 0.3%, forecast 0.8%0.3%May ’24Q2 2024: actual 2.3%, forecast 1.7%2.3%Aug ’24Q3 2024: actual 2.2%, forecast 2.3%2.2%Nov ’24Q4 2024: actual 1.2%, forecast 1.4%1.2%Feb ’25Q1 2025: actual -0.8%, forecast -0.7%-0.8%May ’25Q2 2025: actual 2.4%, forecast 2%2.4%Aug ’25Q3 2025: actual 4.9%, forecast 3%4.9%Jan ’26Q4 2025: actual 2.8%, forecast 1.9%2.8%Mar ’26Q1 2026: actual 0.8%, forecast 1%0.8%May ’26Q2 2026: actual 1.4%, forecast 0.6%1.4%Aug ’26Q3 2026: actual 3.6%, forecast 2.8%3.6%Nov ’26

US Nonfarm Productivity QoQ since 2016

44 releases
20182020202220242026

Every US Nonfarm Productivity QoQ release

44 releases · times New York
ReleasedPeriodActualForecastPreviousVs forecast
5 Nov 2026 08:30Q3 2026 · preliminary3.6%2.8%1.4%above
6 Aug 2026 08:30Q2 2026 · preliminary1.4%0.6%0.8%above
7 May 2026 08:30Q1 2026 · preliminary0.8%1%2.8%below
5 Mar 2026 08:30Q4 2025 · preliminary2.8%1.9%4.9%above
8 Jan 2026 08:30Q3 2025 · preliminary4.9%3%2.4%above
7 Aug 2025 08:30Q2 2025 · preliminary2.4%2%-0.8%above
8 May 2025 08:30Q1 2025 · preliminary-0.8%-0.7%1.2%below
6 Feb 2025 08:30Q4 2024 · preliminary1.2%1.4%2.2%below
7 Nov 2024 08:30Q3 2024 · preliminary2.2%2.3%2.3%below
1 Aug 2024 08:30Q2 2024 · preliminary2.3%1.7%0.3%above
2 May 2024 08:30Q1 2024 · preliminary0.3%0.8%3.2%below
1 Feb 2024 08:30Q4 2023 · preliminary3.2%2.5%4.7%above
2 Nov 2023 08:30Q3 2023 · preliminary4.7%4.1%3.7%above
3 Aug 2023 08:30Q2 2023 · preliminary3.7%2%-2.7%above
4 May 2023 08:30Q1 2023 · preliminary-2.7%-1.8%3%below
2 Feb 2023 08:30Q4 2022 · preliminary3%2.4%0.3%above
3 Nov 2022 08:30Q3 2022 · preliminary0.3%0.6%-4.6%below
9 Aug 2022 08:30Q2 2022 · preliminary-4.6%-4.7%-7.5%above
5 May 2022 08:30Q1 2022 · preliminary-7.5%-5.4%6.6%below
3 Feb 2022 08:30Q4 2021 · preliminary6.6%3.2%-5%above
4 Nov 2021 08:30Q3 2021 · preliminary-5%-3%2.3%below
10 Aug 2021 08:30Q2 2021 · preliminary2.3%3.5%5.4%below
6 May 2021 08:30Q1 2021 · preliminary5.4%4.3%-4.8%above
4 Feb 2021 08:30Q4 2020 · preliminary-4.8%-2.8%4.9%below
5 Nov 2020 08:30Q3 2020 · preliminary4.9%5.6%7.3%below
14 Aug 2020 08:30Q2 2020 · preliminary7.3%1.5%-2.5%above
7 May 2020 08:30Q1 2020 · preliminary-2.5%-5.5%1.4%above
6 Feb 2020 08:30Q4 2019 · preliminary1.4%1.6%-0.3%below
6 Nov 2019 08:30Q3 2019 · preliminary-0.3%1%2.3%below
15 Aug 2019 08:30Q2 2019 · preliminary2.3%1.5%3.6%above
2 May 2019 08:30Q1 2019 · preliminary3.6%2.2%1.9%above
7 Mar 2019 07:30Q4 2018 · preliminary1.9%1.4%2.2%above
1 Nov 2018 08:30Q3 2018 · preliminary2.2%2.2%2.9%in line
15 Aug 2018 08:30Q2 2018 · preliminary2.9%2.3%0.7%above
3 May 2018 08:30Q1 2018 · preliminary0.7%0.9%-0.1%below
1 Feb 2018 08:30Q4 2017 · preliminary-0.1%1%3%below
2 Nov 2017 08:30Q3 2017 · preliminary3%2.4%0.9%above
9 Aug 2017 08:30Q2 2017 · preliminary0.9%0.7%-0.6%above
4 May 2017 08:42Q1 2017 · preliminary-0.6%0%1.3%below
2 Feb 2017 08:38Q4 2016 · preliminary1.3%1%3.1%above
3 Nov 2016 08:30Q3 2016 · preliminary3.1%2%-0.5%above
9 Aug 2016 08:30Q2 2016 · preliminary-0.5%0.4%-1%below
4 May 2016 08:30Q1 2016 · preliminary-1%-1.4%-3%above
4 Feb 2016 08:30Q4 2015 · preliminary-3%-1.8%1.6%below

About

Measures
Although these measures relate output to hours at work of all persons engaged ina sector, they do not measure the specific contribution of labor, capital, orany other factor of production. Rather, they reflect the joint effects of manyinfluences, including changes in technology; capital investment; level ofoutput; utilization of capacity, energy, and materials; the organization ofproduction; managerial skill; and the characteristics and effort of the workforce.
Good for USD
Actual higher than forecast
Released
Quarterly
Category
Business
Source
BLS

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Frequently asked questions

What was the last US Nonfarm Productivity QoQ?

The last US Nonfarm Productivity QoQ (Q3 2026 · preliminary, released 5 Nov 2026) came in at 3.6%, above the 2.8% forecast; the previous reading was 1.4%.

How often is US Nonfarm Productivity QoQ released?

US Nonfarm Productivity QoQ is released quarterly by BLS. CRTLAB has 44 releases on record since 4 Feb 2016.

Does US Nonfarm Productivity QoQ usually beat the forecast?

Since 2016, US Nonfarm Productivity QoQ has come in above forecast 55% of the time and below 43% (44 releases with a forecast); over the last 12 it beat 58%. It has now come in above forecast 2 releases in a row.

What is the highest and lowest US Nonfarm Productivity QoQ since 2016?

The highest was 7.3% (Q2 2020) and the lowest -7.5% (Q1 2022). The five-year average is 1.39%.

Is a higher US Nonfarm Productivity QoQ good for the USD?

Usually yes: a reading above forecast is the good surprise for the USD, and the bigger the surprise the bigger the move. On this page, green marks a release that was good for the USD against its forecast, red one that was bad.

What does US Nonfarm Productivity QoQ measure?

Although these measures relate output to hours at work of all persons engaged ina sector, they do not measure the specific contribution of labor, capital, orany other factor of production. Rather, they reflect the joint effects of manyinfluences, including changes in technology; capital investment; level ofoutput; utilization of capacity, energy, and materials; the organization ofproduction; managerial skill; and the characteristics and effort of the workforce.

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