Productivity Growth Slows; Jobless Claims Drop
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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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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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U.S. manufacturing growth slowed in  June and construction spending in May unexpectedly staged its  biggest drop since September 2004, data showed on Monday,  adding to signs the economy is cooling.
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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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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 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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The economy in many areas of the  United States grew at a slower pace in late July and August as  household spending softened, the Federal Reserve said in a  report on Wednesday.
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U.S. business productivity grew more  slowly in the third quarter than first thought, climbing at a  revised 1.8 percent annual rate, a government report showed on  Tuesday, while growth in unit labor costs was nudged up to a  1.8 percent pace.
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The economy in many areas of the United States grew at a slower pace in late July and August as household spending softened, the Federal Reserve said in a report on Wednesday.
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NEW YORK -- The economy could be headed for slower growth in the next several months, according to a report released yesterday by a private research group. A separate report showed a drop in weekly claims for unemployment benefits.
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The service sector of the economy showed slower growth in January, as the rate of expansion in both employment and inflation pressures softened, the Institute for Supply Management said Thursday.
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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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This has been another month of growth for manufacturing and the economy in general, although the latest monthly report on business from the Institute for Supply Management (ISM) indicates that the rate of manufacturing growth is slowing down.
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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
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The U.S. economy grew more slowly in  the second quarter than first thought amid shrinking corporate  profits and higher imports, the government said on Friday in a  report that confirmed momentum faltered in the spring.
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The economy grew at a slower pace than previously thought during the second quarter, official data has shown.
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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.