Historical Year Data · 2023
Nonfarm Productivity in 2023
Nonfarm Productivity opened 2023 at 0.90% and closed at 3.90%, a +333.33% move for the year. The high of 5.00% was reached on July 1, and the low of 0.90% on January 1.
Open
0.90%
2023-01
Close
3.90%
4 data points
High
5.00%
Jul 1
Low
0.90%
Jan 1
Full Year Change
+333.33%
2022 Change
+146.94%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 0.90% | 0.90% | 0.90% | 0.90% | +0.00% |
| Apr | 4.00% | 4.00% | 4.00% | 4.00% | +0.00% |
| Jul | 5.00% | 5.00% | 5.00% | 5.00% | +0.00% |
| Oct | 3.90% | 3.90% | 3.90% | 3.90% | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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