CycleWatch

Signals › Structural & Slow-Moving

OPHNFB · FRED

Trend labor productivity

Sets how fast the economy grows out of a shock.

Latest reading

120.0

Index 2017=100 · observation 2026-04-01, published 2026-08-06

Last 24 observations.

Signal

—

Not in the fit. No verdict.

Use
Context: regime context; not an input

Where it fits

Structural & Slow-Moving: Set the amplitude, transmission speed, and which historical analogues apply. The model averages the standardised signals in each block into a block score, then combines the twelve block scores in a probit. Today the 12-block model reads 1.6%.

Other signals in this block