US productivity revised downwards
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The productivity of US workers rose by less than first estimated in the first three months of 2007, figures show.
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US economic growth slowed more than expected in the second quarter of 2006, revised official data says.
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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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Annual US economic growth fell to 2.8% in the second quarter of 2004, marking a slowdown from the 3% estimated a month ago.
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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.
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US manufacturing grew at a slower pace in September, as new orders slowed, a private industry survey showed. Manufacturing ``has cooled from the blistering pace, though activity remains
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Japan's rate of economic expansion is revised downwards for the three months to June amid falling government investment.
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Weak manufacturing data heighten worries about the U.S. economy.
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WASHINGTON -- Economic growth clocked in at a 2.6 percent pace in the spring, a weaker performance than previously estimated and a fresh sign the economy has shifted into a lower gear.
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Unemployment ticked down a tenth of a point, but the average American worker is logging fewer hours and wage gains are minimal.
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A gauge of US manufacturing fell this month to the lowest in more than a year, incomes lagged spending in September and home construction declined in the final economic reports before tomorrow&#39;s presidential election.
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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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A slowdown in US economic growth during the second quarter was not as sharp as previously thought, the Commerce Department reported today.
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The U.S. economy grew at a softer pace than first estimated in the final three months of last year as businesses slowed production to work off inventories and consumers spent less.
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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 slowdown may signal that the economy is shifting down a notch from its unexpectedly robust pace of growth at the end of last year.
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US labour productivity growth slowed sharply in the July to September period,  official figures show.