WASHINGTON — U.S. first-quarter non-farm productivity was revised to a 2.6% increase and unit labor costs were revised to a 2.2% gain, reflecting some improvement, and there was no surprise as gross domestic product for the quarter was revised slightly higher.

The numbers were each reported up 2.2% in the previous estimate.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.