U.S. | Productivity Plunged in 1Q15 While Labor Costs Rose
Published on Thursday, June 4, 2015 | Updated on Thursday, June 4, 2015
U.S. | Productivity Plunged in 1Q15 While Labor Costs Rose
Summary
Productivity declined for the second consecutive quarter, dropping 3.1% in 1Q15. Unit labor costs and compensation increased, signaling tightening labor market. We expect stronger productivity growth in upcoming quarters
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Productivity
Authors
Amanda Augustine
Kim Fraser