Q2 US Nonfarm Productivity Growth Unrevised, Unit Labor Costs Revised Lower

08:39 AM EDT, 09/03/2026 (MT Newswires) -- Nonfarm productivity growth for Q2 was unrevised from the 1.4% pace reported in the preliminary estimate, as expected following a 0.8% gain in Q1. Output growth and hours worked growth were both unrevised from the preliminary estimate for Q2. As a result of no adjustment to productivity and a downward adjustment to compensation, unit labor costs for Q2 were revised lower to a 1.2% gain from the previously reported 1.3% gain. Unit labor costs rose by 1.3% in Q1.