Research >> Economics
2Q2008 - Preliminary productivity data
The Bureau of Labor Statistics of the U.S. Department of Labor today reported preliminary productivity data--as measured by output per hour of all persons--for the second quarter of 2008. The seasonally adjusted annual rates of productivity change in the second quarter were:
2.3 percent in the business sector and 2.2 percent in the nonfarm business sector.
Productivity gains in both sectors reflected output increases and small declines in hours worked.
Posted: August 8, 2008 Friday 09:00 AM