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To: w0z who wrote (7506)8/5/1999 4:24:00 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Re: Productivity..There may be a seasonal problem, etc.

Good point. Sometimes one can focus on the short term data only.. and not see the forest for the trees....

As Greenshades [and George Steinbrenner <g>] might say, however,

"What have you done for me lately?"

That is - is the 'trend' of productivity changing? Is the short term data the START of a productivity slowdown (and/or unit labor growth increase)?