U.S. Productivity Rose 3.6% Annualized in Q3, the Fastest Pace in a Year

Key points

U.S. nonfarm productivity and unit labor costs, SAAR QoQ, 2024-2026 ｜ Q3 2026 productivity up 3.6% annualized, the fastest in a year, as labor costs turned down

Image source: @joebrusuelas