Nonfarm Productivity (Feb. 3)
February 03, 2011 at 09:42 AM EST
Nonfarm Productivity for the 4th quarter increased at a 2.6% annual rate, according to preliminary data from the BLS, higher than the expected 2.1% increase. Hours increased 1.8% and output increased 4.5%. Nonfarm productivity increased by 2.3% in the third quarter of 2010, after declining by 1.8% in the 2nd quarter and increasing by 3.9% [...]
