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December 1, 2011 (The Editor’s Desk is updated each business day.)
Measure | Quarterly percent change at annual rate | |
---|---|---|
Previous | Revised | |
Productivity (Output per hour) |
3.1 | 2.3 |
Output |
3.8 | 3.2 |
Hours |
0.6 | 0.8 |
Unit labor costs |
-2.4 | -2.5 |
These data are featured in the TED article, Third quarter 2011 productivity growth revised downward.