Chart 1
Business productivity declines 0.8% for the third time in the last four quarters

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quarterly % change -1.0 -0.5 0.0 0.5 1.0 1.5 2.0 2.5 3.0 IV 2021 I II 2022 III IV I II 2023 III Real gross domestic productReal gross domestic product Labour productivityLabour productivity Hours workedHours worked
Source(s):
Table 36-10-0206-01.

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Business productivity declines 0.8% for the third time in the last four quarters, quarterly % change
  Real gross domestic product Labour productivity Hours worked
Fourth quarter 2021 2.0 -0.7 2.7
First quarter 2022 1.2 0.6 0.6
Second quarter 2022 1.0 -0.2 1.3
Third quarter 2022 0.5 -0.3 0.7
Fourth quarter 2022 -0.6 -0.8 0.2
First quarter 2023 0.5 -0.8 1.4
Second quarter 2023 0.3 -0.1 0.4
Third quarter 2023 -0.7 -0.8 0.1
Source(s):
Table 36-10-0206-01.
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