{"id":225770,"date":"2026-01-09T22:59:10","date_gmt":"2026-01-09T22:59:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/225770\/"},"modified":"2026-01-09T22:59:10","modified_gmt":"2026-01-09T22:59:10","slug":"2025-q3-productivity-surge-contrasts-with-real-wage-decline-economic-analysis-news-and-statistics","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/225770\/","title":{"rendered":"2025 Q3 Productivity Surge Contrasts with Real Wage Decline | Economic Analysis &#8211; News and Statistics"},"content":{"rendered":"<p>\n\t\t\t\t\t\t\t\t\t\t\t\tJan 9, 2026\t\t\t\t\t<\/p>\n<p><a href=\"https:\/\/www.indexbox.io\/store\/branch\/economic_policy\/\" target=\"_blank\" rel=\"nofollow noopener\">Worker productivity rose<\/a> at its fastest pace in two years in the third quarter, while workers actually lost buying power because pay raises didn&#8217;t keep up with <a href=\"https:\/\/app.indexbox.io\/indicators\/symbol\/inflation-consumer-prices-annual-percent-united-states\/\" target=\"_blank\" rel=\"noopener nofollow\">inflation<\/a>. According to a report from the <a href=\"https:\/\/www.indexbox.io\/store\/united-states\/\" target=\"_blank\" rel=\"nofollow noopener\">Bureau of Labor Statistics<\/a>, labor productivity rose at an annualized rate of 4.9%, the fastest since 2023. Meanwhile, hourly compensation decreased 0.2% in the quarter after taking inflation into account.<\/p>\n<p>Economists said productivity growth is the key to raising standards of living in the long run. &#8220;When workers are more productive, firms tend to enjoy increased profitability, which can provide them flexibility to absorb higher costs, reinvest in the business or lower selling prices. The current cycle&#8217;s pace thus should help to allay concerns over inflation&#8217;s recent persistence,&#8221; economists at <a href=\"https:\/\/app.indexbox.io\/companies\/profile\/5658494\/\" target=\"_blank\" rel=\"noopener nofollow\">Wells Fargo Securities<\/a> wrote in a commentary. Higher productivity allows wages to rise without inflation accelerating along with them over the long run.<\/p>\n<p>Experts took the overall optimistic outlook with a teaspoon of salt. Productivity figures have vaulted up and down this year due to changes in government policy, and forecasters don&#8217;t expect the 4.9% annual rate to be sustained. &#8220;If productivity growth continues to accelerate due to tax cuts, deregulation, and technological advancements, including AI, <a href=\"https:\/\/app.indexbox.io\/indicators\/symbol\/gdp-growth-annual-percent-united-states\/\" target=\"_blank\" rel=\"noopener nofollow\">economic growth<\/a> can pick up without causing unwanted inflation,&#8221; Matthew Martin, senior economist at Oxford economics wrote in a commentary.<\/p>\n<p>Whether that trend ultimately benefits workers is another question. Martin noted the paltry wage gains as evidence that the economy can grow without improving the labor market for job-seekers: a &#8220;jobless expansion.&#8221; &#8220;It&#8217;s tempting to think productivity gains in 2025 were driven by AI,&#8221; Oren Klachkin, financial markets economist at Nationwide, wrote in a commentary. &#8220;It may be having a benefit on the margin, but it&#8217;s likely too early to say AI is a driving force. AI&#8217;s productivity boost-if it indeed occurs-will likely take years to play out.&#8221;<\/p>\n<p>Source: <a href=\"https:\/\/app.indexbox.io\/report\" rel=\"nofollow noopener\" target=\"_blank\">IndexBox Market Intelligence Platform<\/a>\n\t\t\t\t\t\t<\/p>\n<p>\t\t1. INTRODUCTION<\/p>\n<p class=\"text-secondary fs-6\">Making Data-Driven Decisions to Grow Your Business<\/p>\n<p>\t\t\t\tREPORT DESCRIPTION<br \/>\n\t\t\t\tRESEARCH METHODOLOGY AND THE AI PLATFORM<br \/>\n\t\t\t\tDATA-DRIVEN DECISIONS FOR YOUR BUSINESS<br \/>\n\t\t\t\tGLOSSARY AND SPECIFIC TERMS<\/p>\n<p>\t\t2. EXECUTIVE SUMMARY<\/p>\n<p class=\"text-secondary fs-6\">A Quick Overview of Market Performance<\/p>\n<p>\t\t\t\tKEY FINDINGS<br \/>\n\t\t\t\tMARKET TRENDS <a class=\"px-2\" href=\"https:\/\/www.indexbox.io\/licenses\/\" target=\"_blank\" rel=\"nofollow noopener\">This Chapter is Available Only for the Professional Edition<\/a>PRO<\/p>\n<p>\t\t3. MARKET OVERVIEW<\/p>\n<p class=\"text-secondary fs-6\">Understanding the Current State of The Market and its Prospects<\/p>\n<p>\t\t\t\tMARKET SIZE: HISTORICAL DATA (2012\u20132025) AND FORECAST (2026\u20132035)<br \/>\n\t\t\t\tCONSUMPTION BY COUNTRY: HISTORICAL DATA (2012\u20132025) AND FORECAST (2026\u20132035)<br \/>\n\t\t\t\tMARKET FORECAST TO 2035<\/p>\n<p>\t\t4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION<\/p>\n<p class=\"text-secondary fs-6\">Finding New Products to Diversify Your Business<\/p>\n<p>\t\t\t\tTOP PRODUCTS TO DIVERSIFY YOUR BUSINESS<br \/>\n\t\t\t\tBEST-SELLING PRODUCTS<br \/>\n\t\t\t\tMOST CONSUMED PRODUCTS<br \/>\n\t\t\t\tMOST TRADED PRODUCTS<br \/>\n\t\t\t\tMOST PROFITABLE PRODUCTS FOR EXPORT<\/p>\n<p>\t\t5. MOST PROMISING SUPPLYING COUNTRIES<\/p>\n<p class=\"text-secondary fs-6\">Choosing the Best Countries to Establish Your Sustainable Supply Chain<\/p>\n<p>\t\t\t\tTOP COUNTRIES TO SOURCE YOUR PRODUCT<br \/>\n\t\t\t\tTOP PRODUCING COUNTRIES<br \/>\n\t\t\t\tTOP EXPORTING COUNTRIES<br \/>\n\t\t\t\tLOW-COST EXPORTING COUNTRIES<\/p>\n<p>\t\t6. MOST PROMISING OVERSEAS MARKETS<\/p>\n<p class=\"text-secondary fs-6\">Choosing the Best Countries to Boost Your Export<\/p>\n<p>\t\t\t\tTOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT<br \/>\n\t\t\t\tTOP CONSUMING MARKETS<br \/>\n\t\t\t\tUNSATURATED MARKETS<br \/>\n\t\t\t\tTOP IMPORTING MARKETS<br \/>\n\t\t\t\tMOST PROFITABLE MARKETS<\/p>\n<p>\t\t7. PRODUCTION<\/p>\n<p class=\"text-secondary fs-6\">The Latest Trends and Insights into The Industry<\/p>\n<p>\t\t\t\tPRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012\u20132025) AND FORECAST (2026\u20132035)<br \/>\n\t\t\t\tPRODUCTION BY COUNTRY: HISTORICAL DATA (2012\u20132025) AND FORECAST (2026\u20132035)<\/p>\n<p>\t\t8. IMPORTS<\/p>\n<p class=\"text-secondary fs-6\">The Largest Import Supplying Countries<\/p>\n<p>\t\t\t\tIMPORTS: HISTORICAL DATA (2012\u20132025) AND FORECAST (2026\u20132035)<br \/>\n\t\t\t\tIMPORTS BY COUNTRY: HISTORICAL DATA (2012\u20132025) AND FORECAST (2026\u20132035)<br \/>\n\t\t\t\tIMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012\u20132025) AND FORECAST (2026\u20132035)<\/p>\n<p>\t\t9. EXPORTS<\/p>\n<p class=\"text-secondary fs-6\">The Largest Destinations for Exports<\/p>\n<p>\t\t\t\tEXPORTS: HISTORICAL DATA (2012\u20132025) AND FORECAST (2026\u20132035)<br \/>\n\t\t\t\tEXPORTS BY COUNTRY: HISTORICAL DATA (2012\u20132025) AND FORECAST (2026\u20132035)<br \/>\n\t\t\t\tEXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012\u20132025) AND FORECAST (2026\u20132035)<\/p>\n<p>\t\t10. PROFILES OF MAJOR PRODUCERS<\/p>\n<p class=\"text-secondary fs-6\">The Largest Producers on The Market and Their Profiles<\/p>\n<p>\t\t &#13;<br \/>\n                        11. COUNTRY PROFILES&#13;<\/p>\n<p class=\"text-secondary fs-6\">The Largest Markets And Their Profiles<\/p>\n<p>&#13;<br \/>\n                        <a class=\"pe-2 fs-5 mb-2\" target=\"_blank\" href=\"https:\/\/www.indexbox.io\/licenses\/\" rel=\"nofollow noopener\">This Chapter is Available Only for the Professional Edition<\/a>&#13;<br \/>\n                        PRO&#13;<br \/>\n                        &#13;<br \/>\n                            United States&#13;<br \/>\n                            China&#13;<br \/>\n                            Japan&#13;<br \/>\n                            Germany&#13;<br \/>\n                            United Kingdom&#13;<br \/>\n                            France&#13;<br \/>\n                            Brazil&#13;<br \/>\n                            Italy&#13;<br \/>\n                            Russian Federation&#13;<br \/>\n                            India&#13;<br \/>\n                            Canada&#13;<br \/>\n                            Australia&#13;<br \/>\n                            Republic of Korea&#13;<br \/>\n                            Spain&#13;<br \/>\n                            Mexico&#13;<br \/>\n                            Indonesia&#13;<br \/>\n                            Netherlands&#13;<br \/>\n                            Turkey&#13;<br \/>\n                            Saudi Arabia&#13;<br \/>\n                            Switzerland&#13;<br \/>\n                            Sweden&#13;<br \/>\n                            Nigeria&#13;<br \/>\n                            Poland&#13;<br \/>\n                            Belgium&#13;<br \/>\n                            Argentina&#13;<br \/>\n                            Norway&#13;<br \/>\n                            Austria&#13;<br \/>\n                            Thailand&#13;<br \/>\n                            United Arab Emirates&#13;<br \/>\n                            Colombia&#13;<br \/>\n                            Denmark&#13;<br \/>\n                            South Africa&#13;<br \/>\n                            Malaysia&#13;<br \/>\n                            Israel&#13;<br \/>\n                            Singapore&#13;<br \/>\n                            Egypt&#13;<br \/>\n                            Philippines&#13;<br \/>\n                            Finland&#13;<br \/>\n                            Chile&#13;<br \/>\n                            Ireland&#13;<br \/>\n                            Pakistan&#13;<br \/>\n                            Greece&#13;<br \/>\n                            Portugal&#13;<br \/>\n                            Kazakhstan&#13;<br \/>\n                            Algeria&#13;<br \/>\n                            Czech Republic&#13;<br \/>\n                            Qatar&#13;<br \/>\n                            Peru&#13;<br \/>\n                            Romania&#13;<br \/>\n                            Vietnam<br \/>\n\t\tLIST OF TABLES<\/p>\n<p>\t\t\t\tKey Findings In 2025<br \/>\n\t\t\t\tMarket Volume, In Physical Terms: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tMarket Value: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tPer Capita Consumption, by Country, 2022\u20132025<br \/>\n\t\t\t\tProduction, In Physical Terms, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tImports, In Physical Terms, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tImports, In Value Terms, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tImport Prices, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tExports, In Physical Terms, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tExports, In Value Terms, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tExport Prices, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<\/p>\n<p>\t\tLIST OF FIGURES<\/p>\n<p>\t\t\t\tMarket Volume, In Physical Terms: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tMarket Value: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tConsumption, by Country, 2025<br \/>\n\t\t\t\tMarket Volume Forecast to 2035<br \/>\n\t\t\t\tMarket Value Forecast to 2035<br \/>\n\t\t\t\tMarket Size and Growth, By Product<br \/>\n\t\t\t\tAverage Per Capita Consumption, By Product<br \/>\n\t\t\t\tExports and Growth, By Product<br \/>\n\t\t\t\tExport Prices and Growth, By Product<br \/>\n\t\t\t\tProduction Volume and Growth<br \/>\n\t\t\t\tExports and Growth<br \/>\n\t\t\t\tExport Prices and Growth<br \/>\n\t\t\t\tMarket Size and Growth<br \/>\n\t\t\t\tPer Capita Consumption<br \/>\n\t\t\t\tImports and Growth<br \/>\n\t\t\t\tImport Prices<br \/>\n\t\t\t\tProduction, In Physical Terms: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tProduction, In Value Terms: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tProduction, by Country, 2025<br \/>\n\t\t\t\tProduction, In Physical Terms, by Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tImports, In Physical Terms: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tImports, In Value Terms: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tImports, In Physical Terms, By Country, 2025<br \/>\n\t\t\t\tImports, In Physical Terms, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tImports, In Value Terms, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tImport Prices, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tExports, In Physical Terms: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tExports, In Value Terms: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tExports, In Physical Terms, By Country, 2025<br \/>\n\t\t\t\tExports, In Physical Terms, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tExports, In Value Terms, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<br \/>\n\t\t\t\tExport Prices, By Country: Historical Data (2012\u20132025) and Forecast (2026\u20132035)<\/p>\n","protected":false},"excerpt":{"rendered":"Jan 9, 2026 Worker productivity rose at its fastest pace in two years in the third quarter, while&hellip;\n","protected":false},"author":2,"featured_media":172960,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[365,240,138,334,219,1943,134884,23158,111,139,69,11089,624,33281,134883],"class_list":["post-225770","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-ai","tag-bureau-of-labor-statistics","tag-business","tag-compensation","tag-economy","tag-inflation","tag-jobless-expansion","tag-nationwide","tag-new-zealand","tag-newzealand","tag-nz","tag-oxford-economics","tag-productivity","tag-wages","tag-wells-fargo"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/225770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=225770"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/225770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/172960"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=225770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=225770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=225770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}