US productivity grows at tepid 0.7 percent rate in Q1

By: Martin Crustsinger Associated Press May 3, 2018

U.S. productivity grew at an annual rate of 0.7 percent in the first three months of this year, a weak reading although a slight improvement from the previous quarter. The first quarter increase followed an even weaker 0.3 percent gain in the fourth quarter of last year, the Labor Department reported Thursday. Labor costs rose at ...

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US productivity grows at tepid 0.7 percent rate in Q1

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