Bureau of Labor Statistics

New Capabilities

Publishes the official productivity data underlying the debate

For most of the 2010s, American workers produced about 1% more output per hour each year. Since the third quarter of 2022, that figure has roughly doubled. The Federal Reserve confirmed this week that the 2% annual pace has now held for nearly four years.

Updated Yesterday

Money Moves

Primary data source for wage and price analyses

For decades, economists have argued over whether life is getting more affordable. A new analysis of Bureau of Labor Statistics data from 2000 to 2025 shows that while the Consumer Price Index rose 92.6%, average hourly wages climbed 131.1%—meaning workers can buy 20% more goods today for the same hours worked. The finding rests on measuring 'time prices': not what things cost in dollars, but how many hours of labor it takes to afford them.

Updated Jan 30