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Q4 unit labor costs exceed consensus as productivity roughly in line

Mar. 03, 2022 8:31 AM ETBy: Liz Kiesche, SA News Editor

Motion blur of two men moving boxes in a warehouse

xavierarnau/E+ via Getty Images

  • Q4 Productivity and Costs: +6.6% vs. +6.7% expected and +6.6% prior.
  • Output increased 9.1% and hours worked rose 2.4% during the quarter.
  • The Q4 output index is 4.6% higher than it was in Q4 2019, the last

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