In economic news:

From the first quarter of 2018 to the first quarter of 2019, nonfarm business sector labor productivity increased 2.4 percent, reflecting a 3.9 percent increase in output and a 1.5 percent increase in hours worked, according to new Bureau of Labor Statistics numbers. The four-quarter increase in productivity is the largest since a 2.7 percent gain in the third quarter of 2010.

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