Business Outlook: THE WEEK AHEAD
PRODUCTIVITY AND COSTS
Tuesday, Aug. 9, 10 a.m.
Output per hour worked in the nonfarm sector probably fell at an annual rate of 2% in the second quarter, after a 1.1% gain in the first quarter. Unit labor costs likely jumped by as much as a 5.5% annual rate last quarter, following a 3.9% rise in the first period. The Labor Dept. will also release revisions to the productivity data back to 1991.