The Housing Chronicles Blog: 2Q 2018 productivity up 2.9 percent from 1Q versus 1.3 percent year-on-year

Wednesday, August 15, 2018

2Q 2018 productivity up 2.9 percent from 1Q versus 1.3 percent year-on-year

Nonfarm business sector labor productivity increased 2.9 percent during the second quarter of 2018, as output increased 4.8 percent and hours worked increased 1.9 percent. From the second quarter of 2017 to the second quarter of 2018, productivity increased 1.3 percent, reflecting a 3.5-percent increase in output and a 2.2-percent increase in hours worked.

READ MORE

No comments: