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Productivity declines for third straight quarter

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Published: Aug 9, 2016 9:52 a.m. ET

WASHINGTON (MarketWatch) — Productivity, a sore spot for the U.S. economy over the past few years, has now declined in three straight quarters, according to data released Tuesday.

Productivity in the second quarter unexpectedly fell 0.5%, well below expectations,the Labor Department said. Economists surveyed by MarketWatch had forecast a 0.3% gain in productivity in the quarter.

Productivity is down 0.4% from a year earlier, the first year-over-year decline since the second quarter of 2013.

https://www.marketwatch.com/story/productivity-declines-for-third-straight-quarter-2016-08-09

One thought on “Productivity declines for third straight quarter

  1. Lets vote in Hillary and get 4 more years of this nirvana!

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