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US Nonfarm Productivity QoQ fell to 0.8% in Q1 2026, released May 2026, down 0.8% from December's 1.6% reading. The reading missed the 1.4% consensus by 0.6%. Nonfarm Productivity QoQ has now declined for 4 consecutive months. Over the past 3 months, Nonfarm Productivity QoQ averaged 2.3%, vs 4.9% in the prior 3-month window. Nonfarm Productivity QoQ is now the lowest in 9 months.
across last 12 releases
Mar 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| GOOGL | ▲ Direct | +0.55 | STOCKS | Bullish GOOGL | → View |
| AAPL | ▲ Direct | +0.51 | STOCKS | Bullish AAPL | → View |
| USD/CAD | ▲ Direct | +0.46 | FOREX | Bullish USD | → View |
| EUR/USD | ▼ Inverse | −0.41 | FOREX | Bearish EUR | → View |
| BTC/USD | ▲ Direct | +0.35 | CRYPTO | Bullish BTC | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The May 2026 reading fell from the previous value of 1.6. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±0.37. Historically, this indicator is positively correlated with GOOGL (Bullish GOOGL) and positively correlated with AAPL (Bullish AAPL).
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Monday, May 18, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 14:00 | NAHB Housing Market Index | 37 | 34 | 35 | 34.25 | Medium | |
| Tuesday, May 19, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 14:00 | Pending Home Sales MoM | 1.5 | 1.3 | -2.35 | Medium | ||
| 14:00 | Pending Home Sales YoY | -1.1 | -0.5 | -1.90 | Medium | ||
| Thursday, May 21, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Building Permits | 1.363 | 1.4 | 1.40 | High | ||
| 12:30 | Housing Starts MoM | 10.8 | -3.5 | 1.80 | Medium | ||
| 12:30 | Housing Starts | 1.502 | 1.41 | 1.47 | High | ||
| 12:30 | Building Permits MoM | -11.4 | 0.5 | 0.50 | Medium | ||
| 12:30 | Continuing Jobless Claims | 1782 | 1790 | 1790.00 | Low | ||
| 12:30 | Jobless Claims 4-Week Average | 203.75 | 203 | 203.00 | Low | ||
| 12:30 | Philadelphia Fed Manufacturing Index | 26.7 | 18.6 | 23.25 | Medium | ||
| 12:30 | Initial Jobless Claims | 211 | 210 | 210.00 | Medium | ||
| 13:45 | S&P Global Services PMI | 51 | 51 | 51.00 | Medium | ||
| 13:45 | S&P Global Composite PMI | 51.7 | 51.5 | 51.50 | Medium | ||
| 13:45 | S&P Global Manufacturing PMI | 54.5 | 54 | 54.00 | Medium | ||