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

combined line chart&8211;Chart1, from fourth quarter 2021 to third quarter 2023
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Chart description


This is a combined line chart.

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
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