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ID: 22822
Title: Productivity gains sharply in 4th quarter (Reuters)
Description:

An assembly line worker assembles transmissions at the GM Powertrain plant in Warren, Michigan June 1, 2006. U.S. worker productivity was likely strong at the end of last year as unseasonably warm weather helped push the economy rapidly ahead, but that could change as both the weather and activity cools. (Rebecca Cook/Reuters)Reuters - 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.
Category: Business/US Economy/
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Date Added: February 07, 2007 02:11:02 PM
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