August 21, 2016
|Labor force participation||0.2||-0.5||-0.1|
|Hours per person||-0.2||-0.1||-0.1|
* Percent change from fourth quarter of preceding period to fourth quarter of period indicated. GDP is gross domestic product. Return to table
Source: U.S. Department of Commerce, Bureau of Economic Analysis; U.S. Department of Labor, Bureau of Labor Statistics.
|Total factor productivity||1.3||0.3||1.7|
* Percent change from fourth quarter of preceding period to fourth quarter of period indicated. Return to table
Source: U.S. Department of Labor, Bureau of Labor Statistics, and John Fernald (2012), “A Quarterly, Utilization-Adjusted Series on Total Factor Productivity (PDF) ,” Working Paper Series 2012-19 (San Francisco: Federal Reserve Bank of San Francisco, revised April 2014).