Productivity rises in quarter, weak for year
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Workers stepped up their efficiency in the final three months of 2006, yet productivity still turned in the weakest yearly performance in almost a decade.
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U.S. business productivity was  stronger than first thought in the first quarter and labor  costs were much better contained, the government said on  Thursday in a report that tempered inflation jitters in  financial markets.
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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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New labor statistics show that productivity is slowing faster than previously thought, raising the question of whether layoffs are soon to follow.
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US workers' productivity fell short of expectations in late 2006 while labour costs soared, new figures show.
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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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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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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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While the economic growth in the U.S. was significantly better than a previous estimate, it was still the weakest showing in more than a year.
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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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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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Productivity in the fourth quarter  rose at a stronger-than-expected pace as the biggest cutback in  working hours in nearly five years helped restrain growth in  labor costs, a U.S. Labor Department report showed on  Wednesday.
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The U.S. economy will expand at a weak pace next year, setting the stage for lower interest rates, according to a UCLA Anderson Forecast report released on 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 Tuesday.
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Productivity grew at a healthy 3 percent annual rate in the final quarter, although this critical measure of U.S. economic vitality for all of 2006 expanded at the slowest pace in nine years.
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Growth in worker productivity slowed sharply in the summer while wages and benefits rose at a rate that was far below a previous estimate.
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WASHINGTON -- The efficiency of workers rose at a modest pace in the final three months of last year, far below the gain originally estimated, while worker wages and benefits soared.