US productivity for Q3 revised down to 0.2% from 0.3%

CNBC's Rick Santelli breaks down the latest economic data. U.S. worker productivity fell by the most in nearly four years in the third quarter, the government confirmed. Growth in unit labor costs was not as robust as initially thought as well. Nonfarm productivity, which measures hourly output per worker, fell at a 0.2% rate in the last quarter, the biggest drop since the fourth quarter of 2015, the Labor Department said.
Tue, Dec 10 20199:05 AM EST