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Third quarter sees US productivity to increase at 4.6%

Third quarter sees US productivity to increase at 4.6%

Slightly below the initial estimate, the productivity of the United States has increased at a solid pace of 4.6% in the July-September quarter. During the same period, labor costs have dropped at a smaller rate. According to a report by the Labor Department, an increase of 4.9% had been predicted before. The second quarter had seen a surge at a 10.6% rate. Decline of labor costs by 6.6% was seen.

Sandra
Sandra
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