Productivity & Costs
A look at the link between productivity and costs in the economy.
The Bureau of Labor Statistics of the U.S. Department of Labor today reported revised productivity data--as measured by output per hour of all persons--for the third quarter of 2004. The seasonally adjusted annual rates of productivity growth in the third quarter were: 2.4 percent in the business sector, and 1.8 percent in the nonfarm business sector.
Productivity and Costs: Second Quarter 2004. Statistics on changes in hours worked, wages, and job postings.