A post by @BLS_gov on X.

U.S. nonfarm productivity rose at a 3.6% annualized rate in the third quarter of 2026 while unit labor costs fell 0.7%, according to Bureau of Labor Statistics data released Thursday. The combination of faster output per hour and declining labor costs signals easing wage-driven inflation pressure, a mix that supports the Federal Reserve's case for a more accommodative policy stance. The figures matter because unit labor costs are a key input into services inflation, and a second consecutive decline would reinforce the disinflation trend policymakers have been seeking. Investors will watch the next quarterly revision and accompanying compensation data for confirmation that the productivity gain is durable rather than a statistical artifact, with attention also on how the Fed characterizes the report at its upcoming meeting.