Third-Quarter Productivity Slows to 1.8%
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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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The productivity of U.S. workers  rose by a weaker-than-expected 0.2 percent in the third  quarter, while unit labor costs grew by less than initially  thought in encouraging news for the Federal Reserve on wage  pressures, government data showed on Tuesday.
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Germany's hesitant recovery slowed in the third quarter as exports slipped, with the economy growing by just 0.1 percent from the previous three months, according to government figures released Thursday.
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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 yesterday. The deceleration, however, raised some hope that employers who have squeezed efficiencies out of existing workforces may boost hiring.
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U.S. worker productivity grew at a  slower pace than initially estimated during the first three  months of this year as the economy just inched ahead, driving  up labor costs and backing Federal Reserve sentiments that  inflation is indeed a concern.
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Business productivity growth was  revised down sharply as expected in the fourth quarter to an  annualized 1.6 percent pace, government data on Tuesday showed,  in a warning on inflation as labor costs soared.
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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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US labour productivity growth slowed sharply in the July to September period,  official figures show.
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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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Economic growth slowed sharply in the third quarter of 2004 to its weakest since the run-up to the Iraq war early last year, reinforcing expectations
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The productivity of America&#39;s workers grew at a 1.8% annual rate in the third quarter, the slowest pace in nearly two years, the government reported Tuesday.
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The productivity of U.S. workers rose by a weaker-than-expected 0.2 percent in the third quarter, while unit labor costs grew by less than initially thought in encouraging news for the Federal Reserve on wage pressures, government data showed on Tuesday.
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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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WASHINGTON -- 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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Worker productivity grew at a slower pace than initially estimated in the first quarter, driving up labor costs and reinforcing concerns about inflation.
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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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Business productivity growth was  revised down sharply in the fourth quarter to an annualized 1.6  percent pace, government data on Tuesday showed, suggesting  inflation pressures as labor costs soared.