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To: micdundee2 who wrote (32063)	12/5/2006 9:43:52 AM
From: Bucky Katt	Respond to of 48461

The futures moved up pre-open on these odd numbers> Productivity Growth Slows Sharply While Labor Costs Moderate Growth in worker productivity slowed sharply in the summer while wages and benefits rose at a rate that was far below a previous estimate. Productivity, the key ingredient to rising living standards, edged up at an 0.2 percent annual rate in the July-September quarter. That was better than the zero change that was first reported, but it was below analysts' expectation for a slightly stronger 0.5 percent increase. The costs of wages and benefits per unit of output increased at an annual rate of 2.3 percent in the summer, a much slower advance than the 3.8 percent rate of increase first reported a month ago. The slower gain in unit labor costs was likely to be greeted with relief at the Federal Reserve, which is concerned that wage pressures could boost inflation.