US productivity rose more than expected year-over-year in the third quarter. Year-over-year, productivity increased 3.6 percent (+2.1 revised from +1.4), compared with the Bloomberg analyst consensus, which expected an increase of 2.7 percent.
Unit labor costs fell unexpectedly year-over-year in the third quarter. Year-over-year, unit labor costs fell 0.7 percent (+1.9 revised from +1.2), compared with the Bloomberg analyst consensus, which expected an increase of 0.4 percent.
US, %Q3-2026ConsensusQ2-2026RevisedProductivity, YoY3.62.71.42.1Unit labor costs, YoY-0.70.41.21.9Consensus data from Bloomberg
