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Politics : Idea Of The Day
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To: Lee who wrote (30636)2/8/2000 8:41:00 AM
From: Lee  Read Replies (2) of 50167
 
Economic Data for Tuesday, Feb 8, 2000

Q4 Productivity = +5.0%
Unit Labor Costs = -1.0%

stats.bls.gov
In the fourth quarter, productivity advanced 4.8 percent in the business sector as output grew 6.7 percent and hours worked rose 1.9 percent (seasonally adjusted annual rates). In the nonfarm business sector, productivity rose 5.0 percent as output increased 6.6 percent and hours grew 1.5 percent.

Unit labor costs fell 1.0 percent in the fourth quarter, after declining 0.3 percent in the third quarter.
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