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Q2 nonfarm productivity unrev at +2.9% vs...>

US DATA: Q2 nonfarm productivity unrev at +2.9% vs +3.0% expected 
as both output growth and hours worked growth were revised up slightly.
- As a result, unit labor costs rev down to -1.0% vs -0.9% expected.  
- For Q1, productivity unrev at +0.3%, and ULC unrev at +3.4%, so 
overall, the report contains minor revisions.
- Nonfarm productivity +1.3% y/y vs +1.0% in Q1, while ULC +1.9% y/y vs 
+2.0% y/y in Q1.

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