Fourth-Quarter U.S. Non-Farm Productivity Report
February 05, 2009 at 11:59 AM EST
A preliminary productivity report released Thursday by the Bureau of Labor Statistics showed U.S. non-farm productivity increased in Q4′08 at a 3.2% annual rate from the 1.5% increase in the previous quarter. It is the largest decline in output since the first quarter of fiscal 1982 (-8.6%). Reports of persisting economic distress continue to further [...]