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Productivity in the U.S. Looks Bad, But It's Golden Compared With Global Peers

American factory productivity is much more robust than 24 other countries
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Konstam: Pessimistic on Productivity Story


Earlier this month, U.S. economic data-watchers collectively scratched their heads as productivity figures again disappointed, showing that businesses across the country were still struggling to wring out more efficiency from their workers.

U.S. productivity unexpectedly declined for a third straight quarter in the three months through June, Labor Department figures showed. On a year-over-year basis, it fell for the first time since 2013.