4Q 2017 labor productivity down 0.1 percent, but up 1.1 percent year-on-year

Nonfarm business sector labor productivity decreased 0.1 percent during the fourth quarter of 2017, as output increased 3.2 percent and hours worked increased 3.3 percent. 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.

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