Productivity Rose 7.3% in Q2

Washington, DC, August 14, 2020-Nonfarm business sector labor productivity increased 7.3% in Q2 2020, the U.S. Bureau of Labor Statistics reported, as output decreased 38.9% and hours worked decreased 43.0%.

In the four quarters from Q2 2019 to Q2 2020, productivity increased 2.2%, reflecting an 11.8% decrease in output and a 13.7% decrease in hours worked.