A New U.S. Productivity Chapter? What Industry Data Say About AI

Nida Cakir Melek and Sydney Miller

Economic Bulletin, 2026, 4

Abstract: Since late 2022, U.S. labor productivity has risen notably above its pre-pandemic trend. Industry data suggest the pickup is not yet broad-based: A small set of industries accounts for most gains. While higher AI adoption is associated with faster productivity growth across industries, it explains little of the shift in aggregate contributions, suggesting AI adoption is still spreading.

Keywords: artificial intelligence (AI); labor productivity (search for similar items in EconPapers)
Date: 2026
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