If labor productivity for the first quarter was $575\mathrm{.}4$ and then when we calculate it for the next quarter it is $547\mathrm{.}5,$ which statement best describes what this might mean? $($note the units for this are deliberately left off to make sure you understand the meaning of productivity$)$

The productivity drop signifies a cost drop and more efficient use of resources and is positive news

Our productivity dropped, perhaps through lower output and is not a good sign