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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Wally Mastroly who wrote (9812)11/12/1999 8:59:00 AM
From: Wally Mastroly  Read Replies (1) of 15132
 
Edit- Eco reports: Will the Greenman focus on tight labor(costs) or productivity...

08:30 Q3 MANUFACTURING PRODUCTIVITY UP 3.4%, UNIT LABOR COSTS UP
2.7%

08:30 PRODUCTIVITY GIVES FED REASON TO PAUSE ON NOV. 16 FOMC
MEETING

08:30 Q3 PRODUCTIVITY EXCEEDS 2.9% CONSENSUS FORECAST

08:30 Q3 NONFARM UNIT LABOR COSTS UP 0.6% VS. 4.2% Q2

08:30 Q3 NONFARM PRODUCTIVITY UP 4.2% VS. 0.6% Q2, BEST SINCE
Q1 1998

08:30 SEPT. RETAIL SALES REVISED DN TO 0.1% DROP

08:30 U.S. OCTOBER RETAIL SALES FLAT; EXCLUDING AUTOS UP 0.5%

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usatoday.com

Worker productivity catches fires

WASHINGTON - U.S. worker productivity in the third quarter registered
the largest increase in almost two years and a rise in labor costs subsided,
Labor Department figures showed Friday. Productivity rose at a
larger-than-expected 4.2% annual rate in the third quarter after a
second-quarter increase of 0.6%. Analysts expected a 3% increase for the
third quarter. Unit labor costs - a measure of worker compensation tied to
changes in productivity - rose at a 0.6% rate in the third quarter after rising
4.2% in the second quarter. The third-quarter gain in labor costs was the
smallest since a 0.5% rise in the fourth quarter of last year. The increase in
productivity was the largest since an annualized gain of 4.4% in the first
quarter of 1998, the Labor Department said.

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Bloomberg - with details:

bloomberg.com
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