U.S. Industrial Output Rises 0.7% in April
"The outlook for the U.S. manufacturing sector is still bright, in part because rising oil prices will lead to more U.S. production."
US Productivity Posts Unexpected 0.1% Drop
The Q4 decline follows a 2.7% gain in Q3 but economists believe higher capital spending could lift productivity this year.
Productivity Growth Revised Upward to Zero
Despite the revision, productivity in the first quarter still showed the worst performance since the second quarter of last year.
U.S. Productivity Posts Best Quarter in 2 Years
Output rose at a 3.1% annual rate in the third quarter, ending three straight quarters of decline, but the overall trend remains weak.