The Housing Chronicles Blog: 3Q 2018 productivity up 2.2 percent from 2Q and 1.3 percent year-on-year

Monday, November 5, 2018

3Q 2018 productivity up 2.2 percent from 2Q and 1.3 percent year-on-year

Nonfarm business sector labor productivity increased 2.2 percent during the third quarter of 2018, as output increased 4.1 percent and hours worked increased 1.8 percent. From the third quarter of 2017 to the third quarter of 2018, productivity increased 1.3 percent, reflecting a 3.7-percent increase in
output and a 2.4-percent increase in hours worked.

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