U.S. Productivity Growth Slows
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U.S. business productivity growth proved surprisingly sluggish at the end of 2004 and claims for jobless aid unexpectedly dipped last week, according to government reports that showed a good sign for employment which could fan inflation fears.
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Growth of the US economy slowed to an annual rate of 2.8 percent in the second quarter of this year, lower than the 3.0 percent rate previously estimated, the US Commerce Department reported on Friday.
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Worker productivity grew at a slower than first estimated 1.0 percent annualized pace during the first quarter as the economy just inched ahead, driving up labor costs by 1.8 percent and backing fears inflation remains a concern, a government report on Wednesday showed.
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US business productivity grew more slowly in the third-quarter than first thought, a government report showed on Tuesday, with other economic indicators also painting a mixed picture for growth.
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U.S. growth slowed in some parts of the country last month and private employers hired fewer people than expected, according to reports on Wednesday that chime with other weak signals from the economy.
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US manufacturing grew at a slower pace in September, as new orders slowed, a private industry survey showed. Manufacturing ``has cooled from the blistering pace, though activity remains
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US manufacturing growth slowed more than expected in September - its sharpest drop in over a year - official figures show.
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New labor statistics show that productivity is slowing faster than previously thought, raising the question of whether layoffs are soon to follow.
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A slowdown in US economic growth during the second quarter was not as sharp as previously thought, the Commerce Department reported today.
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The productivity of America's workers grew at a 1.8 percent annual rate in the third quarter, the slowest pace in nearly two years, the government reported Tuesday.
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Smartsheet's Brent Frei and Mark Mader offer their take on why productivity growth has mysteriously slowed since 2004.
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Growth in business activity in the   U.S. Midwest slowed slightly in August, a report showed on   Thursday, but the data may signal the economy is in recession.
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WASHINGTON: US business productivity grew more slowly in the third quarter than first thought, a government report showed yesterday, while chain store sales fell in the crucial shopping week after Thanksgiving.
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U.S. business productivity grew more  slowly in the third quarter than first thought, a government  report showed on Tuesday, while chain store sales fell in the  crucial shopping week after Thanksgiving.
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Growth in U.S. factory activity slowed  more than expected in September to its lowest since May, 2005,  with dips in measurements of employment and prices paid,  according to a survey published on Monday.
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The US gross domestic product grew only 2.2 percent last quarter.
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The productivity of American workers slowed in the spring while wage pressures increased.