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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (54488)9/1/2001 10:12:45 PM
From: Skeet Shipman  Read Replies (1) of 94695
 
Productivity 1.5% to 2.5%
At the moment economists are stressing productivity as the savior of the economy. With great emphasis on the late 1990s, some have proclaimed a return to that high growth period depends on productivity. If you examine the period from 1960 till now you will see a four decade trend toward lower levels of productivity. Not the trend talked about in the news. Using this trend the present estimate for productivity will be in the 1.5 to 2.5 percent range. It will be lower if we have a recession.
( Major Sector Productivity and Costs Index: Nonfarm Business: Output Per Hour: index)
( economagic.com )
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