BLS: DC, Arizona, and California Saw the Largest Productivity Gains in 2025

-
The US Bureau of Labor Statistics released its report on 2025 state productivity this week. The BLS calculated output and hours worked to determine the labor productivity of each state. By this methodology, the states that saw increases in output together with decreases in hours worked had the highest levels of productivity. According to the BLS calculations, the District of Columbia experienced the highest y/y growth in productivity in 2025 at 5.2%, followed by Arizona (4.4%), and California (4.2%). Alaska had the highest level of output growth at 3.8%, but its 6.2% increase in hours worked caused its productivity to decline 2.3% y/y, making it second only to Idaho (-2.5%) in the level of productivity decline in 2025. In all, eight states posted decreases in productivity in the year. Oregon saw the largest y/y reduction in hours worked and, together with its output increase of 1.2%, put its productivity growth just behind the leaders and even with Massachusetts at 3.7% The report also includes BLS calculations of long-term (2207-2025) state-by state productivity growth. The below exhibit is reproduced from this week’s BLS release.

Source: USBLS

Comments

Post a Comment

Popular posts from this blog

Philly Fed State Coincident Indexes Solidly in the Green

-
The Philadelphia Fed released its August 2025 State Coincident Indexes today. The August statistics indicate continued economic growth across the majority of the states, with 44 of the 50 states posting index value increases over the prior three months. While five states posted declines, Maryland saw the largest drop with a three-month decrease of 0.6% in its index. This is possibly  the result of an increase in Maryland’s unemployment rate to 3.6% in August from 3.3% in June, and a modest decrease in manufacturing payrolls of 1,500 over the same period.
Read more

Census: North Carolina Highest Domestic In-Migration State 2025

-
Image
New figures released by the US Census Bureau put North Carolina at the top of the list for domestic net migration from July 2024 to July 2025. The state saw just over 84,000 domestic residents moving in during that period, followed by Texas with 67,299, and South Carolina with 66,622. Perennial heavyweight Florida was all the way down at number eight on the list with 22,517 move-ins. On the flip side, it’s no surprise that California and New York topped the list of domestic out-migration states with 299,077 and 137,586 resident departures, respectively. Illinois, New Jersey and Massachusetts made up the balance of the top five, but with significantly smaller domestic out-migration numbers.  International net migration fell substantially in the US, declining from 2.7 million in the year ended July 1, 2024 to 1.3 million in the year ending July 1, 2025, a 54% decline. Nevertheless, all of the states saw some international net migration in 2025, with Florida and Texas topping the lis...
Read more

This Week’s State Economic Releases

-
The Federal Reserve Bank of Philadelphia is scheduled to release its August 2025 State Coincident Indexes this Wednesday, September 24. In last month’s release, the Philadelphia Fed reported that over the three month period ending July 2025, these economic indexes had increased in 41 states, decreased in eight, and remained unchanged in one . On Friday, the US Bureau of Economic Analysis (BEA) will release its annual update of state gross domestic product, personal income, and personal consumption expenditures. In this annual exercise, the BEA typically looks back five years. In last year’s update report, the revisions to these three economic statistics were very modest. It should be noted that Friday’s report will contain both the annual revisions and new estimates of state gross domestic product, personal income, and personal consumption expenditures. This will be the first time that the BEA will be reporting all three of these indicators in one unified release. 
Read more