*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.
Below is a chart breaking the numbers down further in YoY terms...
Friday, August 8, 2008
Productivity and Costs - Q2
Per the BLS: 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.
Below is a chart breaking the numbers down further in YoY terms...
*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.
Below is a chart breaking the numbers down further in YoY terms...
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