Productivity up strongly while labor costs dip (AP)

Courtesy Ytop stories  Thu, 09/04/2008 - 7:54am

AP - Americans' productivity soared in the spring while labor costs declined, two welcome outcomes that should relieve concerns that inflation is getting out of hand.



 

More related items

Wholesale prices soar in June; sales are sluggish (AP)
AP - The economy showed the depth of its twin problems on Tuesday, slow growth and rising inflation, as the nation wrestled with a teetering financial system, a slumping dollar and rising...

Stocks advance as oil pulls off fresh high (AP)
AP - Stocks rose Monday, the final session of an arduous first half, as the price of oil pulled off its high and relieved some inflation worries.

Oil climbs to record above $141 in Asia (AP)
AP - Oil prices climbed to a record above $141 a barrel in Asian trading Friday as the dollar's protracted slump prompted investors to flock to oil as a hedge against inflation.

Federal Reserve leaves key rate unchanged at 2 percent (AP)
AP - The Federal Reserve decided on Wednesday to leave a key interest rate unchanged and cited a heightened risk of inflation, which could lead to rate increases down the road. Private...

Fed sees slower growth, higher unemployment in `08 (AP)
AP - The Federal Reserve on Wednesday sharply lowered its projection for economic growth this year, citing blows from the housing and credit debacles along with zooming energy prices. It also...


 

Post new comment

The content of this field is kept private and will not be shown publicly.