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Productivity Rebounds Slightly in the First Quarter

Discussion in 'Fundamental Analysis' started by ActionForex.com, May 7, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Nonfarm productivity rose at a 0.8 percent annual rate during the first quarter as businesses cut employment and hours worked slightly faster than they slashed production. Businesses have done a good job of reining in costs, which is one of the reasons first quarter earnings came in slightly better than...

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