Productivity down in first quarter
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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 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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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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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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The nation&#39;s two largest automakers said Wednesday they will reduce production in the first quarter of 2005 after reporting weak November sales.
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Economic growth skidded to a near halt in the first quarter, with the worst showing in more than four years raising concerns about how long the country's sluggish spell will last.
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Factory production shrank in December  for the first time in nearly a year as tighter lending  conditions and a slowing economy took their toll, according to  a national survey published on Wednesday.
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By Bloomberg News. The productivity of workers in the United States rose at the slowest pace in almost two years in the third quarter, a sign that companies may need to add workers at a faster rate to meet demand.
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The economy limped ahead at just a 0.7 percent pace in the first quarter, the slowest in more than four years. Some businesses clamped down on spending, given the uncertainties about the severity of the housing slump.
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WASHINGTON (CBS.MW) - Productivity in the US nonfarm business sector increased at a 2.5 percent annual rate in the second quarter, revised lower from an earlier estimate of 2.9 percent, the Labor Department estimated Thursday.
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The report comes amid rising investor concern about the impact of a possible slowdown in computer spending during the first half of the year.
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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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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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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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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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Drugstore chain reports lower expenses in first quarter.
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Corporate forecasts are falling short and signals point to more-modest capital spending, intesifying worries off a slower second half.