U.S. Labor Productivity Growth In Q3 Unrevised From Initial Estimate

RTTNews | 149 dagar sedan
Stocktwits
U.S. Labor Productivity Growth In Q3 Unrevised From Initial Estimate

(RTTNews) - While the Labor Department released a report on Tuesday showing the jump by U.S. labor productivity in the third quarter was unrevised from the previous estimate, the report also showed a downward revision to the increase by U.S. unit labor costs.

The report said labor productivity shot up by 2.2 percent in the third quarter, unrevised from the initial estimate and in line with economist estimates.

The sharp increase in labor productivity in the third quarter reflects a modest acceleration from the 2.1 percent surge in the second quarter.

Meanwhile, the Labor Department said the increase in unit labor costs in the third quarter was downwardly revised to 0.8 percent from the 1.9 percent jump originally reported. Economists had expected the pace of unit labor cost growth to be unrevised.

Revised data also showed unit labor costs slumped by 1.1 percent in the second quarter compared to the previously reported 2.4 percent spike.

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U.S. Wholesale Inventories Climb Slightly Less Than Expected In March

U.S. Wholesale Inventories Climb Slightly Less Than Expected In March

The Commerce Department released a report on Thursday showing wholesale inventories in U.S. increased by slightly less than expected in the month of March. The report said wholesale inventories rose by 0.4 percent in March after climbing by an upwardly revised 0.5 percent in February.
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U.S. Labor Productivity Decreases For First Time Since 2022

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The Labor Department released a report on Thursday showing a pullback by U.S. labor productivity in the first quarter of 2025 along with a sharp increase by unit labor costs. The report said labor productivity fell by 0.8 percent in the first quarter after jumping by an upwardly revised 1.7 percent in the fourth quarter of 2024.
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RTTNews | 18h 10minuter sedan
U.S. Weekly Jobless Claims Dip To 228,000

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First-time claims for U.S. unemployment benefits saw a modest decline in the week ended May 3rd, according to a report released by the Labor Department on Thursday.
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Fed Leaves Interest Rates Unchanged, Warns Of Higher Unemployment, Inflation.

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The Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged, highlighting increased uncertainty about the economic outlook. The Fed said it decided to leave the target for the federal funds rate at 4.25 to 4.50 percent for the third straight meeting.
RTTNews | 1 dag sedan
U.S. Trade Deficit Spikes To Record High In March As Import Surge

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RTTNews | 2 dagar sedan
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