WASHINGTON — U.S. nonfarm productivity increased at a 3.6% annual rate in the first quarter ended March 31, exceeding economists’ estimates, the Labor Department reported yesterday.
Unit labor costs fell 1.6%, the third straight quarterly decline.
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