美国的生产率在2025年第四季度飙升了2.8%,尽管劳动力成本不断上涨,但技术投资还是推动了这一增长。 U.S. productivity surged 2.8% in Q4 2025, fueled by tech investments, despite rising labor costs.

美国的劳动生产率在2025年第四季度上升了2.8%,超过了预期,尽管比第三季度订正的5.2%增长慢。 U.S. labor productivity rose 2.8% in the fourth quarter of 2025, surpassing expectations, though slower than the revised 5.2% gain in the third quarter. 产出增长了2.6%,而工作时间略有下降。 Output grew 2.6% while hours worked declined slightly. 单位劳动成本上涨2.8%,高于预测,原因是小时工资猛增5.7%。 Unit labor costs rose 2.8%, above forecasts, driven by a 5.7% jump in hourly pay. 年同比生产力增长仍然强劲,自2019年以来增长率为2.8%,年增长率为2.2%,超过了以往周期。 Productivity growth remains strong year-over-year, with a 2.8% increase and a 2.2% annualized pace since 2019, outpacing prior cycles. 经济学家将收益归因于技术投资,包括大赦国际,并预期2026年生产力将继续增长,尽管劳动力成本不断上升。 Economists attribute gains to technology investments, including AI, and expect continued productivity growth in 2026 despite rising labor costs.