Labor productivity in the U.S. grew by much more than expected in the third quarter of 2025, according to a report released by the Labor Department on Thursday.The Labor Department said labor productivity soared by 4.9 percent in the third quarter after spiking by an upwardly revised 4.1 in the second quarter.Economists had expected labor productivity to surge by 3.6 percent compared to the 3.3 pe...
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Business 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.