Alright Everybody, Back To Work (YoY productivity Down for 5 consecutive quarters)

 From the WaPo's Catherine Rampell:

For first time on record, YoY productivity change has remained negative for five consecutive quarters; this series began in 1948.https://t.co/8nydO8Wulb pic.twitter.com/pdHjpPFDjD

— Catherine Rampell (@crampell) June 1, 2023

among other things, this trend does not bode well for our longer-term fiscal & economic outlooks, which lawmakers profess to care so much about right now amid the debt-limit fight.

— Catherine Rampell (@crampell) June 1, 2023

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