The Housing Chronicles Blog: Labor productivity up 0.9 percent during 2Q 2017 and 1.2 percent year-on-year

Wednesday, August 9, 2017

Labor productivity up 0.9 percent during 2Q 2017 and 1.2 percent year-on-year

Nonfarm business sector labor productivity increased 0.9 percent during the second quarter of 2017, as output increased 3.4 percent and hours worked increased 2.5 percent. From the second quarter of 2016 to the second quarter of 2017, productivity increased 1.2 percent, reflecting a 2.7-percent increase in output and a 1.5-percent increase in hours worked.

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