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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (16526)	6/9/1999 9:11:00 AM
From: Daniel Joo	Respond to of 99985

Did anyone else notice these revisions? Non-farm productivity rose at a 3.5 percent annual rate in the first quarter, slower than the 4 percent pace previously estimated by the Labor Department and the 4.3 percent rate in last year's final three months. The productivity report showed the labor cost index -- which measures changes in worker compensation and productivity -- rose at a 0.7 percent annual rate in the first quarter. While that's higher than the 0.3 percent increase previously estimated for the first quarter. I wouldn't be surprised to see more of these types of revisions. Dan