Labor productivity revised to 0.0 percent in 4Q 2017, up 1.1 percent year-on-year

Nonfarm business sector labor productivity growth was revised to 0.0 percent in 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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BuilderBytes' MetroIntelligence Economic Update for 12/01/11

Please click here to see the edition of BuilderBytes for 12/01/11 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

• New home sales rise in October as prices decline
• S&P Case-Shiller Index falls in September after five months of gains
• FHFA shows housing prices up by 0.2% in 3Q2011 but down by 3.7% over the past year
• Pending home sales jump in October
• Consumer confidence improves in November, matching levels last seen in July 2011
• 3rd Quarter 2011 Productivity Revised to 2.3%
• Private-sector employment rises by 206,000 jobs in November
• Planned layoffs in November remains mostly unchanged from previous month but down by 13% YOY
• Mortgage applications decline in latest survey

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BuilderBytes' MetroIntelligence Economic Update for 11/07/2011

Please click here to see the edition of BuilderBytes for 11/07/2011 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

• 80,000 Jobs Added in September as Average Hourly Earnings Rise by 0.2%
• Initial Claims for Unemployment Fall Below 400,000
• Productivity Rises by 3.1% as Unit Labor Costs Fall by 2.4% in 3Q2011
• Factory Orders Rise by 0.3% in September, Led by Big Jump in Business Investment
• Service Sector Economy Still Growing, Albeit Slowly

Want to advertise in the newsletter and reach over 100,000 readers? Contact National Sales Manager Nick Cosan at nkosan@penpubinc.com.

Want to make sure your company or event is included in the events calendar? Contact editor Dani Smith at dsmith@penpubinc.com.