U.S. nonfarm unit productivity increased at a 9.5% annual rate in the third quarter, the largest gain in six years, the Labor Department reported yesterday.
Output increased 4.0% and hours worked decreased 5.0% in the quarter ending Sept. 30.
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.
Have an account? Sign In