Forexpros - U.S. non-farm productivity declined less-than-expected in the second quarter, official preliminary data showed on Tuesday.
In a report, the U.S. Bureau of Labor Statistics said non-farm business sector labor productivity declined by a seasonally adjusted 0.3% in the second quarter, better than expectations for a 0.9% decline.
The previous quarter's figure was revised down to a 0.6% drop from a previously reported 1.8% gain
The report also said unit labor costs rose by a seasonally adjusted 2.2% in the second quarter, broadly in line with expectations.
The previous quarter's figure was revised higher to 4.8% from a 0.7% increase.
Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD gaining 0.68% to hit 1.4276.
Meanwhile, the outlook for U.S. equity markets was upbeat. The Dow Jones Industrial Average futures pointed to a gain of 0.5%, S&P 500 futures indicated an increase of 0.7%, while the Nasdaq 100 futures advanced 0.2%.