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Ernie Tedeschi: Nonfarm business productivity rises 2.8 percent in 2025

Ernie Tedeschi: Nonfarm business productivity rises 2.8 percent in 2025
Nonfarm productivity up 2.8 percent

Productivity data released today indicate a significant acceleration in nonfarm business productivity.

Ernie Tedeschi highlights that productivity over 2025 grew 2.8 percent, up from 2.3 percent in 2024. The three-year average productivity rate has climbed to a 2.8 percent annualized pace, a sharp increase from 0.4 percent through the third quarter of 2023. Tedeschi notes this marks a meaningful positive shift for business efficiency growth.

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