The Week Ahead

PRODUCTIVITY AND COSTS Tuesday, Aug. 11, 10 a.m.

Output per hour worked in the nonfarm sector likely rose at a 1% annual rate in the second quarter, down from a 2.6% advance in the first quarter. Nonfarm output posted a small gain last period, but total hours worked rose by an even slimmer amount. Unit labor costs, which fell at a 0.6% rate in the first quarter, likely grew by about 1.5% in the second.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.