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Productivity soars 3.6% in first quarter, drives fastest yearly gain since 2010

May 2, 2019


The numbers: The productivity of American workers soared in the first quarter and pushed the increase over the past year to the highest level since 2010, a potentially great sign for the U.S. economy.

The productivity of American workers increased at a 3.6% annual pace from January through March, the government said Thursday. That’s the biggest gain since the fall of 2014.

Economists polled by MarketWatch had forecast a 2.9% increase.

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