Can you beat 50% per month? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Can you beat 50% per month?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Smiling Bob who wrote (11430)	8/7/2007 8:59:08 AM
From: Smiling Bob	Read Replies (1) of 19256

This looks inflationary to me Productivity down 2nd qtr Revised productivity #'s dropped Labor costs up 2nd qtr, again with revised numbers up as well Hanging on to puts today --- Productivity rises slower than expected Gain of 1.8% is fastest since 2006 but slightly below 2% increase expected by economists. August 7 2007: 8:43 AM EDT WASHINGTON (Reuters) -- U.S. worker productivity grew at a slightly slower-than-expected 1.8 percent annualized pace in the second quarter, government data showed Tuesday, while labor costs moderated in somewhat better news for inflation. The rise in productivity was at the fastest pace since the first quarter of 2006, when it was up by 2.5 percent, the Labor Department said. ECONOMY Economists polled by Reuters had expected the preliminary reading of U.S. non-farm productivity to rise by 2 percent as the economy picked up, compared with revised 0.7 percent increase in the previous three months. This was previously reported as a 1 percent gain. Unit labor costs, a gauge of inflation and profit pressures under close scrutiny by the Federal Reserve as it meets to decide interest rates, mounted by 2.1 percent in the second quarter. This compared with forecasts for a 1.8 percent gain, but was below the revised 3 percent increase in the first quarter, up from a 1.8 percent rise previously reported. The Fed is expected to keep interest rates unchanged at 5.25 percent when it announces the outcome of its meeting shortly after 2.15 p.m. ET. Top of page

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next