U.S. labor productivity in the first quarter was not as weak as initially reported

The productivity of American workers fell by a revised 2.1% annual rate in the first quarter, the Labor Department said.

The productivity of American workers fell by a revised 2.1% annual rate in the first quarter. The increase was originally put at a decline of 2.7% in the government’s preliminary report last month.

Output,... The productivity of American workers fell by a revised 2.1% annual rate in the first quarter. The increase was originally put at a decline of 2.7% in the government’s preliminary report last month.

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