Productivity

Government, Business

Productivity Falls for a Second Quarter

Cummins plant Workers assemble components on a diesel engine at the Cummins Seymour Engine Plant in Seymour, Ind., on April 18. (Luke Sharrett/Bloomberg)

Productivity slumped for a second straight quarter as the economy shrank, driving another surge in labor costs that risks keeping inflation elevated and further complicates the Federal Reserve’s efforts to tame price increases.

Reade Pickert | Bloomberg News
August 9, 2022
Government, Business

Productivity Drops on Weaker Output as Labor Costs Jump

Cummins plant Workers assemble components on a diesel engine at the Cummins Seymour Engine Plant in Seymour, Ind., on April 18. (Luke Sharrett/Bloomberg)

U.S. productivity dropped in the first quarter by the most since 1947 as the economy shrank, while labor costs surged and illustrated an extremely tight job market.

Reade Pickert | Bloomberg News
May 5, 2022
Government, Business

US Productivity Falls Most Since 1981

US Productivity Falls Most Since 1981 A worker welds a lawnmower frame. (Luke Sharrett/Bloomberg)

Productivity in the U.S. fell by the most since 1981 in the third quarter, reflecting a sharp pullback in economic growth and an increase in hours worked.

Reade Pickert | Bloomberg News
November 4, 2021
Government, Business

Productivity Rose Less Than Forecast in Q2

worker cleans window Nam Y. Huh/AP

Productivity in the U.S. took a step back in the second quarter, indicating an easing in the rapid pace of efficiency gains seen in the prior three months.

Reade Pickert | Bloomberg News
August 10, 2021
Government, Business

US Productivity Unexpectedly Posts First Decline Since 2015

US productivity Paul Taggart/BLoomberg News

Productivity in the U.S. unexpectedly posted the first decline in almost four years and labor costs accelerated, suggesting a pickup in efficiency earlier this year was more of a temporary shift.

Reade Pickert | Bloomberg News
November 6, 2019
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October 1, 2019
Government, Business

US Productivity Climbs 2.3% in Second Quarter

US Productivity Wilfredo Lee/Associated Press

Productivity rose at a healthy pace in the second quarter but dropped at American factories, another sign of trouble for manufacturers.

Paul Wiseman | Associated Press
September 5, 2019
Government, Business

First-Quarter Productivity Rises 3.6% in Fastest Pace Since 2014

Luke Sharrett/Bloomberg News

Productivity gains in the United States accelerated by more than expected last quarter to the fastest pace since 2014, adding fuel to the Trump administration’s argument that its tax cuts are boosting the economy without stoking inflation.

May 2, 2019
Government, Business

Productivity Gains Exceed Forecasts Even as Output Cools

Luke Sharrett/Bloomberg News

Productivity gains in the U.S. last quarter exceeded forecasts though were little changed from the prior reading as output and hours worked both cooled, with efficiency improvements surpassing the recent average for a third period.

Jeff Kearns | Bloomberg News
March 7, 2019
Government, Business

Productivity Rises 2.3% in Third Quarter

Warehouse Getty Images

WASHINGTON — U.S. productivity grew at an annual rate of 2.3% in the July-September quarter, slower than the previous quarter but still an improvement over the weak annual gains of the past decade. Labor costs rose at a modest pace in the third quarter.

Martin Crutsinger | Associated Press
December 6, 2018

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