Productivity Gains Slow Down in 4Q
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The productivity of American workers, the critical component for rising living standards, increased by 4.1 percent in 2004, capping a remarkable three-year period in which worker efficiency climbed at the fastest pace in a half century.
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Worker productivity, the key factor in rising living standards, slowed sharply in the final three months of the year as overall economic activity weakened considerably while labor pressures increased.
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The productivity of America&#39;s workers grew at a 1.9% annual rate in the third quarter, smallest gain since late 2002, the government reported Thursday.
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U.S. manufacturing growth slowed in  June, with employment weakening but the pace of new orders  picking up, according to a survey published on Monday.
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August employment grew at the slowest rate in four years.
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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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Fewer Americans filed jobless claims last week and growth in worker productivity slowed sharply in the third quarter, government data showed on Thursday, hinting that conditions in the sluggish U.S. labor market have improved.
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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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U.S. stocks broke a three-day rally to  end lower on Thursday, weighed down by a report that showed  U.S. productivity growth slowed in the fourth quarter and a  sharp fall in online retailer Amazon.com Inc. AMZN.O.
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Weak home and hardware sales drive lower fourth-quarter profits.
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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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The productivity of America's workers grew at a 1.9 percent annual rate in the third quarter, the smallest gain since late 2002, the government reported yesterday.
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Slumping corporate spending and exports caused the economy to slow to a crawl in the July-September period, with real gross domestic product expanding just 0.1 percent from the previous quarter, Cabinet Office data showed Friday.
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The US economy grew at an annual rate of 2.2 percent in the fourth quarter, slower than the government first estimated, as companies stepped up efforts to curb inventories.
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U.S. productivity rose at a solid clip in the fourth quarter as employers sharply cut the number of hours worked, restraining growth in labor costs, according to a report on Wednesday that may ease lingering concerns on inflation at the Federal Reserve.
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Business activity, capital spending and hiring slowed in the third quarter in response to tightening credit conditions and a rapidly deteriorating housing market, an industry survey showed on Monday.
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Smartsheet's Brent Frei and Mark Mader offer their take on why productivity growth has mysteriously slowed since 2004.