US Q2 prelim non-farm productivity +2.3% vs +1.4% expected

Author: Adam Button | Category: News

Second quarter 2019 US productivity data:

  • Prior was +3.4% (revised to +3.5%)
  • Unit labor costs +2.4% vs +2.0% expected
  • Prior quarter -1.6% (revised to +5.5%)
That's a hefty revision in the prior unit labor costs number.
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