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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Labour Productivity QoQ climbed to 0.7 in Q1 2025
FMPMonthlyReleased February 2025
US Labour Productivity QoQ climbed to 0.7 in Q1 2025, released February 2025, up 1.8 from December's -1.1 reading. The print exceeded the -0.1 consensus by 0.8.
Latest Release
0.700000
Actual
-0.100000
Consensus
-1.100000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Labour Productivity QoQ (United States) was reported at 0.70 in January 2025. This beat the market consensus of -0.10 by 0.80. The reading rose from the previous value of -1.10.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include OPEC Monthly Report (Jun 11) and Core PPI MoM (Jun 11).
Auto-generated from current model state · Refreshes on each release · Last update February 2025.
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Labour Productivity QoQ - US
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About Labour Productivity QoQ — United States
DEFINITION
Labour Productivity QoQ is a financial indicator that measures the change in the amount of goods or services produced per hour worked in a given quarter. It provides valuable insights into the efficiency and effectiveness of a country's workforce and can be used to assess the overall health and growth of an economy. A positive QoQ (quarter-over-quarter) change in labour productivity indicates an increase in output per hour worked, while a negative change may suggest a decline in productivity. This indicator is closely monitored by economists, policymakers, and investors as it can impact economic growth, inflation, and wages.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT'S NEXT
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.