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Monday, Mar 17, 2025

Business Productivity Beats Forecasts

Business productivity surged in the third quarter, far outpacing Wall Street forecasts, and an unexpected decline in labor costs helped ease inflation worries.


Non-farm productivity, or worker output per hour, grew at a 4.1 percent annual rate from July to September and second-quarter gains were revised higher to 2.1 percent, the Labor Department said in a report on Thursday. Analysts had expected productivity to rise at a 2.5 percent pace after a previously estimated 1.8 percent second-quarter advance.


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