Article: Productivity Up at 2.2 Percent Rate

JEANNINE AVERSA, Associated Press Writer
AP Online
03-06-2001
Productivity Up at 2.2 Percent Rate

WASHINGTON (AP) -- Americans' productivity, a key measure of rising living standards, slowed to a 2.2 percent rate of growth in the last three months of 2000 as the economy weakened.

Growth in productivity -- the amount of output per hour of work -- during the October-December quarter followed a 3.0 percent rate in the third quarter, the Labor Department said Tuesday.

The revised fourth-quarter figure was still a healthy gain and was a better showing than the 2 percent rate of productivity growth many analysts were expecting. But it was slightly weaker performance than the 2.4 percent growth ...

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