WASHINGTON -- American workers' productivity, a key measure of rising living standards, rebounded in the second quarter for its best showing in a year. However, revisions to prior years indicated the productivity boom has been less robust than previously reported.
The Labor Department reported Tuesday that productivity -- the amount of output per hour of work -- rose at an annual rate of 2.5% in the April-June quarter. This follows an upwardly revised first-quarter productivity growth rate of 0.1%.