Chart 1
Businesses increase their output in the fourth quarter, without increasing the hours worked

quarterly % change -1.5 -1.0 -0.5 0.0 0.5 1.0 1.5 I II 2022 III IV I II 2023 III IV Real gross domestic productReal gross domestic product Labour productivityLabour productivity Hours workedHours worked
Source(s):

Chart description


This is a combined line chart.

Businesses increase their output in the fourth quarter, without increasing the hours worked, quarterly % change
  Real gross domestic product Labour productivity Hours worked
First quarter 2022 1.2 1.0 0.2
Second quarter 2022 1.0 0.0 1.0
Third quarter 2022 0.5 -0.1 0.6
Fourth quarter 2022 -0.6 -1.0 0.4
First quarter 2023 0.6 -0.7 1.4
Second quarter 2023 0.1 -0.2 0.3
Third quarter 2023 -0.4 -0.5 0.1
Fourth quarter 2023 0.4 0.4 0.0
Source(s):
Date modified: