Revised data released by the Labor Department on Tuesday showed U.S. labor productivity dipped by slightly less than originally estimated in the third quarter.The report said labor productivity edged down by 0.2 percent in the third quarter compared to the previously reported 0.3 percent drop. Economists had expected the decrease in productivity to be revised to just 0.1 percent.The modest decreas...
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.