Productivity and Costs

Market Sensitivity: Medium.

What Is It: Measures changes in the efficiency of workers who produce goods and services.

News Release on Internet: www.bls.gov/lpc/

Home Web Address: www.bls.gov

Release Time: 8:30 A.M. (ET); the initial report is released about five weeks following the end of the quarter.

Frequency: Quarterly.

Source: Bureau of Labor Statistics, Department of Labor.

Revisions: Can be substantial. This first revision appears a month after the preliminary figures, and a second revision comes 60 days after the initial revision. Subsequent changes to productivity data depend on revisions to GDP and employment data.

Why Is It Important

Here's a question: What single feat allows an economy to grow faster without ...

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