Productivity gains sharply in 4th quarter
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U.S. business productivity rose at a  much stronger-than-expected 3.0 percent annual pace in the  fourth quarter while unit labor costs moderated, in good news  for the inflation-wary Federal Reserve.
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WASHINGTON -- Worker productivity, the key factor in rising living standards, slowed sharply in the final three months of the year while wage pressures increased.
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Productivity increased at an annual rate of 1.8 percent in the quarter, down from a 6 percent rate in the July-September period, while wage pressures increased, the government reported.
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U.S. business productivity rose at a  faster-than-expected 1.1 percent annual rate in the second  quarter while unit labor costs increased at their fastest pace  since the fourth quarter of 2004 as hourly compensation surged,  preliminary Labor Department data showed on Tuesday.
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U.S. business productivity grew at a   1.6 percent annual rate in the second quarter, higher than   first estimated, the government said on Wednesday in a report   that also showed worker compensation up much more this year   than initially thought.
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The country&#39;s economy has accelerated, carried by strong household and government spending, to reach its fastest annual pace in nearly four years, official figures show.
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Citing strong economic conditions, the manufacturer posted fourth-quarter earnings of $689 million, up from $585 million a year earlier.
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Broad and strong revenue growth drove Oracle Corp. to higher profit in the fourth quarter and the company's full 2007 fiscal year.
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WASHINGTON -- Worker productivity surged in the summer at the fastest pace in four years while wage pressures eased.
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WASHINGTON - The US economy grew at a four per cent annual rate in the third quarter, slightly faster than the 3.9 per cent economists had been expecting.
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Worker productivity rebounded, growing at the fastest pace in nearly two years, while wage pressures eased sharply in the spring &#151; developments that should reduce inflation worries.
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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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U.S. economic growth picked up in the fourth quarter, according to a government report Wednesday that showed an economy stronger than expected for the last three months of hte year.
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The economy headed into the end of the year with good momentum, expanding at an annual rate of 4 percent in the third quarter, a faster clip than previously thought.
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WASHINGTON -- Worker productivity rebounded, growing at the fastest pace in nearly two years, while wage pressures eased sharply in the spring _ developments that should reduce inflation worries.
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The productivity of America&#39;s workers grew at a 1.9 per cent annual rate in the third quarter, the smallest gain since late 2002, the government reported Thursday.
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U.S. business productivity rose at a  1.1 percent annual rate in the second quarter but unit labor  costs jumped sharply, according to a government report that  gave the Federal Reserve a final piece of inflationary data as  a pivotal meeting started on Tuesday.