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US: nonfarm productivity rises 0.7% in Q1 2018

Nonfarm business sector labor productivity increased 0.7 percent during the first quarter of 2018, the US Bureau of Labor Statistics reported this Thursday.

Key highlights:

   •  Output increased 2.8 percent and hours worked increased 2.1 percent.
   •  Unit labor costs in the nonfarm business sector increased 2.7 percent in the first quarter of 2018.
   •  Manufacturing sector labor productivity rose 0.5 percent in the first quarter of 2018.

Canada Imports rose from previous $48.63B to $51.72B in March

Canada Imports rose from previous $48.63B to $51.72B in March
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Canada: trade deficit widened to a record $4.1 billion in March

Canada's merchandise trade deficit with the world widened from $2.9 billion in February to a record $4.1 billion in March, Statistics Canada reported
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