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In the fourth quarter, business productivity grows at its fastest rate in a year

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quarterly % change -1.0 -0.5 0.0 0.5 1.0 1.5 2.0 I II 2023 III IV I II 2024 III IV Real gross domestic productReal gross domestic product Labour productivityLabour productivity Hours workedHours worked
Source(s):
Table 36-10-0206-01.

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In the fourth quarter, business productivity grows at its fastest rate in a year, quarterly % change
  Real gross domestic product Labour productivity Hours worked
First quarter 2023 1.0 -0.8 1.8
Second quarter 2023 0.2 -0.3 0.4
Third quarter 2023 -0.4 -0.4 -0.1
Fourth quarter 2023 0.4 0.8 -0.4
First quarter 2024 0.2 0.0 0.2
Second quarter 2024 0.6 0.1 0.5
Third quarter 2024 0.4 0.1 0.4
Fourth quarter 2024 0.8 0.6 0.2
Source(s):
Table 36-10-0206-01.
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