February 4, 2010

WHICH IS WHY INTEREST RATES ARE TOO HIGH:

Productivity rises more than expected (Washington Times, 2/04/10)

The Labor Department said Thursday that productivity rose by a seasonally adjusted 6.2 percent in the fourth quarter, above analysts' expectations of a 6 percent rise.

The increase follows two quarters of sharply rising productivity. Overall, productivity has risen 5.1 percent in the past four quarters, the most since the 12 months ending with the first quarter of 2002.

Posted by Orrin Judd at February 4, 2010 11:25 AM
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