The Housing Chronicles Blog: Productivity fell 0.6 percent during first quarter of 2016 as costs rose 4.5 percent

Thursday, June 9, 2016

Productivity fell 0.6 percent during first quarter of 2016 as costs rose 4.5 percent

Labor productivity decreased at a 0.6-percent annual rate during the first quarter of 2016 as output increased 0.9 percent and hours worked increased 1.5 percent. At the same time, unit labor costs rose 4.5 percent.

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