US productivity slipped 0.2% QoQ in Q3 2019, worse than the preliminary 0.1% decline and the biggest QoQ drop since Q4 2015.
US productivity slipped 0.2% QoQ in Q3 2019, worse than the preliminary 0.1% decline and the biggest QoQ drop since Q4 2015.
Year-over-year saw productivity rise at 1.5% - the weakest since Q4 2018.
(Click on image to enlarge)
Source: Bloomberg
Notably, on a year-over-year basis, manufacturing productivity declined 0.1%.
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