Worker Productivity Drops 7.5% in First Quarter Signaling Much Reduced Demand & Higher Material Costs so Recession?

Worker productivity drops when demand for products drops, less produced by the employees, which certainly was the case in the first quarter of 2022 in the U. S., a foreboding drop of 7.5%, the biggest drop in worker productivity since 1947, so companies producing non-essentials will be hurt the most.