- Prior 2.3%. Revised to 1.8%
- Labour costs flash -0.6% vs 0.2% exp. Prior 0.0%. Revised to +0.5%
Productivity up on the headline but Manufacturing fell from 2.7% in Q2 to 0.4%, 1.2% from 4.3% in Durables and to -0.1% from +0.7% in non durables.
Costs are down also in the estimate, so no signs of inflationary pressures here. Again, falls in Durables -0.4% from +0.4% and manufacturing from 1.5% to 1.3%. Non durable costs rose to 3.4% from 2.7%
Compared to Q3 2012 productivity was unchanged and labour costs are up 1.9%.
US Productivity & labour costs Q3 2013 14 11 2013
