Productivity Falls for a Second Quarter
Productivity slumped for a second straight quarter as the economy shrank, driving another surge in labor costs that risks keeping inflation elevated and further complicates the Federal Reserve’s efforts to tame price increases.
Productivity Drops on Weaker Output as Labor Costs Jump
U.S. productivity dropped in the first quarter by the most since 1947 as the economy shrank, while labor costs surged and illustrated an extremely tight job market.
US Productivity Falls Most Since 1981
Productivity in the U.S. fell by the most since 1981 in the third quarter, reflecting a sharp pullback in economic growth and an increase in hours worked.
Productivity Rose Less Than Forecast in Q2
Productivity in the U.S. took a step back in the second quarter, indicating an easing in the rapid pace of efficiency gains seen in the prior three months.
US Productivity Unexpectedly Posts First Decline Since 2015
Productivity in the U.S. unexpectedly posted the first decline in almost four years and labor costs accelerated, suggesting a pickup in efficiency earlier this year was more of a temporary shift.
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October 1, 2019US Productivity Climbs 2.3% in Second Quarter
Productivity rose at a healthy pace in the second quarter but dropped at American factories, another sign of trouble for manufacturers.
First-Quarter Productivity Rises 3.6% in Fastest Pace Since 2014
Productivity gains in the United States accelerated by more than expected last quarter to the fastest pace since 2014, adding fuel to the Trump administration’s argument that its tax cuts are boosting the economy without stoking inflation.
May 2, 2019Productivity Gains Exceed Forecasts Even as Output Cools
Productivity gains in the U.S. last quarter exceeded forecasts though were little changed from the prior reading as output and hours worked both cooled, with efficiency improvements surpassing the recent average for a third period.
Productivity Rises 2.3% in Third Quarter
WASHINGTON — U.S. productivity grew at an annual rate of 2.3% in the July-September quarter, slower than the previous quarter but still an improvement over the weak annual gains of the past decade. Labor costs rose at a modest pace in the third quarter.