U.S. Productivity Growth Slows
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The U.S. economic outlook dimmed on  Tuesday after reports said business productivity grew more  slowly in the third quarter than first estimated, labor costs  rose and other indicators signaled softening activity.
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US workers' productivity fell short of expectations in late 2006 while labour costs soared, new figures show.
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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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BRUSSELS, Belgium  - Productivity in the European Union grew last year, but still lags behind the United States, according to a report by a New York-based research group.
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A string of government reports yesterday offered a mixed picture of the US economy. Worker productivity grew at a 2.5 percent annual rate in the second quarter, the
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The productivity of America&#39;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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The U.S. economic outlook dimmed  somewhat on Tuesday after reports said business productivity  grew more slowly in the third quarter than first estimated,  labor costs rose and other indicators signaled softening  activity.
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U.S. manufacturing growth eased in  September to its slowest in more than a year, but home sales  and construction figures suggested a less abrupt decline in the  housing sector than many experts had foreseen.
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Productivity grew at a 3 percent annual rate in the final quarter, although for 2006, it expanded at the slowest pace in nine years.
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The productivity of American workers slowed sharply in the first three months of this year but wage pressures eased as well, providing evidence that inflation is being restrained.
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WASHINGTON, Sept. 4  â Growth in American manufacturing slowed in August while construction spending dropped markedly in July.
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The United States doesn't have much in the way of productivity in its future according to BLS projections.
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US manufacturing grew more slowly in August, a research group reported yesterday, adding to other signs that the economic expansion continued to lose steam in recent weeks.
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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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The U.S. economy grew at a  weaker-than-expected 3.1 percent annual pace in the final  quarter of 2004 year, its slowest since the beginning of 2003  as the country's trade performance deteriorated and inflation  picked up, a government report on Friday showed.
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Workers' productivity increased at an annual rate of 2.5 percent in the spring, the smallest gain since late 2002, reflecting the economy's slowdown.
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The U.S. economy should experience slower growth than originally anticipated for the remainder of the year and in 2007, the White House said Tuesday.