• U.S nonfarm productivity down 0.1% in Q4

Market news

1 February 2018

U.S nonfarm productivity down 0.1% in Q4

Nonfarm business sector labor productivity decreased 0.1 percent during the fourth quarter of 2017, the U.S. Bureau of Labor Statistics reported today, as

output increased 3.2 percent and hours worked increased 3.3 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) From the fourth quarter of 2016 to the fourth quarter of 2017, productivity increased 1.1 percent, reflecting a 3.2-percent increase in output and a 2.1-percent increase in hours worked.

Annual average productivity increased 1.2 percent from 2016 to 2017.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.