Labor productivity in the U.S. surged by much more than expected in the fourth quarter of 2025, according to a report released by the Labor Department on Thursday.The Labor Department said labor productivity shot up by 2.8 percent in the fourth quarter after soaring by an upwardly revised 5.2 percent in the third quarter.Economists had expected labor productivity to jump by 1.9 percent in the four...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.