Nonfarm productivity up 2.5% vs. 2.9% initial estimate
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WASHINGTON (CBS.MW) - Productivity in the US nonfarm business sector increased at a 2.5 percent annual rate in the second quarter, revised lower from an earlier estimate of 2.9 percent, the Labor Department estimated Thursday.
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U.S. business productivity grew at a  1.6 percent annual rate in the second quarter, higher than  first estimated, the government said on Wednesday in a report  that also showed worker compensation up much more this year  than initially thought.
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U.S. industrial production rose 0.1 percent in January as expected and manufacturing output was unchanged, while manufacturing capacity utilization was at its lowest in almost a year, a Federal Reserve report showed on Friday.
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WASHINGTON -- Worker productivity rebounded, growing at the fastest pace in nearly two years, while wage pressures eased sharply in the spring _ developments that should reduce inflation worries.
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U.S. business productivity grew more  slowly in the third-quarter than first thought, a government  report showed on Tuesday, with other economic indicators also  painting a mixed picture for growth.
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U.S. business productivity rose at a  faster-than-expected 1.1 percent annual rate in the second  quarter while unit labor costs increased at their fastest pace  since the fourth quarter of 2004 as hourly compensation surged,  preliminary Labor Department data showed on Tuesday.
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The productivity of America&#39;s workers grew at a 1.9% annual rate in the third quarter, smallest gain since late 2002, the government reported Thursday.
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There's a possible trend afoot that may actually help workers.
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US business productivity grew more slowly in the third-quarter than first thought, a government report showed on Tuesday, with other economic indicators also painting a mixed picture for growth.
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WASHINGTON -- The economy grew at a 2.9 percent annual rate in the spring _ better than first estimated but nowhere near the brisk pace logged in the winter, another sign of slowing business growth. Inflation marched higher.
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U.S. business productivity rose at a  much stronger-than-expected 3.0 percent annual pace in the  fourth quarter while unit labor costs moderated, in good news  for the inflation-wary Federal Reserve.
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The economy grew an annualized 0.2 percent in the July-September quarter, not the 0.3 percent stated in the preliminary report last month, the government said Wednesday after tweaking the nation&#39;s gross domestic product under a new calculation method.
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Blog: Net income for the second quarter was $925 million, or $2.93 a share, up from $721 million, or $2.33 a share, a year earlier.
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Manufacturing output has climbed by 0.2 percent in July compared with the previous month.
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Productivity increased at an annual rate of 1.8 percent in the quarter, down from a 6 percent rate in the July-September period, while wage pressures increased, the government reported.
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BRUSSELS, Belgium  - Productivity in the European Union grew last year, but still lags behind the United States, according to a report by a New York-based research group.
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U.S. business productivity grew more  slowly in the third quarter than first thought, climbing at a  revised 1.8 percent annual rate, a government report showed on  Tuesday, while growth in unit labor costs was nudged up to a  1.8 percent pace.