March 3, 2005

CHEAPER AND CHEAPER:

4th-Quarter Productivity Growth Nudged Up (Reuters, 3/03/05)

U.S. business productivity rose more quickly in the fourth quarter than first thought, notching an unexpectedly brisk 2.1 percent annual rate, while the growth in labor costs was cut to a mild 1.3 percent pace, a government report showed on Thursday.

Posted by Orrin Judd at March 3, 2005 9:04 AM
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