U.S. productivity rises 2.3% in Q2


WSJ: Nonfarm labor productivity, or output per hour worked, rose at a 2.3% annual rate from April through June.

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WSJ: Nonfarm labor productivity, or output per hour worked, rose at a 2.3% annual rate from April through June.

That was below the 2.5% growth the agency first estimated last month but matched the forecast of economists surveyed by The Wall Street Journal.

From the same period last year, second-quarter productivity rose 1.1%, in line with the meager growth of around 1% recorded in 2012 and 2013.

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