U.S. Economy Contracted at Record Rate Last Quarter; Jobless Claims Rise to 1.43 Million

[progree]

34. Here's Table A1 of the productivity report, since I brought it up

I decided to go ahead and Imgur it. I suppose I ought to dump it in a spreadsheet and calculate the corresponding actual (i.e. non-annualized) numbers (or dig in the report for them, they might be somewhere in some far-below table), but anyway, the productivity report has a lot of stats that are a perfect complement to the Q2 GDP report that came out July 30 (after all it's the same quarter that is being talked about)

Q2 GDP report:

https://www.bea.gov/data/gdp/gross-domestic-product
https://www.democraticunderground.com/10142549435

That GDP report featured a 32.9% drop in Q2 GDP on an annualized basis that works out to be a 9.5% actual drop

https://www.bls.gov/news.release/prod2.nr0.htm (link is in the OP), Table A-1

I left out the last part of Table A-1 - which is the breakdown of manufacturing into durable manufacturing and non-durable manufacturing)

Sorry about the fine print. Importantly, in the line below the title, it says,
"percent change from previous quarter at annual rate and from same quarter a year ago"



mahatmakanejeeves created a productivity post in the Economy Group

BLS Report: Productivity increases 7.3% in Q2 2020; unit labor costs rise 12.2% (annual rates)

https://www.democraticunderground.com/111689162