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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Average Weekly Hours held to 34.3 in June 2026
FMPWeeklyReleased July 2026
US Average Weekly Hours held to 34.3 in June 2026, released July 2026. The reading matched the 34.3 consensus. Over the past 3 months, Average Weekly Hours averaged 34.3, vs 34.25 in the prior 3-month window. Average Weekly Hours is now the highest in 26 months.
Latest Release
34.3
Actual
34.3
Consensus
34.3
Previous
Median Absolute Error
±0.07
across last 12 releases
Last Call
Jul 2026
Predicted: 34.3
Actual: 34.3
Error: +0
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.72 | FOREX | Moves against | → View |
| USD/CAD | ▼ Inverse | −0.55 | FOREX | Moves against | → View |
| EUR/USD | ▲ Direct | +0.48 | FOREX | Moves with | → View |
| AUD/USD | ▲ Direct | +0.47 | FOREX | Moves with | → View |
| USD/CHF | ▼ Inverse | −0.35 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Average Weekly Hours (United States) was reported at 34.30 in July 2026. This matched the market consensus of 34.30 exactly. The reading was unchanged from the previous release. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 34.26, ranging from 34.20 to 34.30 across 9 releases.
WHY IT MATTERS
The trailing three releases averaged 34.30, up from the prior three at 34.23. Volatility over the past year (σ 0.05) is lower than the prior year (σ 0.08).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/JPY (Bearish USD). A secondary relationship exists with USD/CAD, negatively correlated (Bearish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 0.07.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Import Prices MoM (Jul 17) and Building Permits (Jul 17).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Average Weekly Hours - US
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About Average Weekly Hours — United States
DEFINITION
Average Weekly Hours is a financial indicator that measures the average number of hours worked by employees in a given week. It is often used as a key metric for analyzing labor market trends and productivity levels. This indicator provides valuable insights into the health of the economy and can be used by businesses and policymakers to make informed decisions about workforce management and economic policies.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released weekly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 34.3, consensus 34.3. Prior reading (May 2026): 34.3. Before that (Apr 2026): 34.3.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/JPY (Bearish USD, r=-0.72) — a useful reference for forex-focused traders.
Σ
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Economic Calendar - US Events
| Friday, July 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | US | Import Prices YoY | 6.7 | 5.4 | 5.40 | Low | |
| 12:30 | US | Housing Starts | 1.177 | 1.2 | 1.20 | High | |
| 13:15 | US | Industrial Production YoY | 1.7 | 1.5 | 1.50 | Low | |
| 13:15 | US | Manufacturing Production YoY | 1.4 | 1 | 1.00 | Low | |
| 13:15 | US | Capacity Utilization | 76.2 | 76.7 | 76.70 | Low | |