US Productivity Slumps In Q2, Unit Labor Costs Surge
Published on
Nonfarm productivity contracted by 4.6% on an annualized q/q basis in Q2, following a downwardly revised 7.4% decline in the previous quarter, and marking the largest two-quarter contraction in productivity on record. Meanwhile, Unit Labor Costs (ULC)…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Essentials
Base-level subscription for all clients. Includes Bank Credit Analyst, BCA Live (formerly BCA Live & Unfiltered), and BCA Daily Insights.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.