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March 07, 2006
U.S. Productivity Slips In Q4
Business sector productivity fell by 0.5% in the fourth-quarter of last year, following a 4.2% rise the previous quarter.
Despite the year-end drop, the fourth-quarter figure beat analysts’ estimates of a 0.6% decline in productivity for the period.
While U.S. productivity is expected to rebound in the first quarter of this year, economists predict the U.S. will grow at a slower rate than it has historically as emerging markets catch up with the west.
Posted by Blacks on March 7, 2006 01:32 PM
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