March 5, 2008
U.S. Productivity Up 1.9 Percent In 2007
By Matthew L. Brown
The U.S. Department of Labor revised its figures, but fourth quarter business sector productivity growth still lagged behind the yearly averages for 2006-07.
According to the department, business sector productivity grew by 1 percent in the fourth quarter, an upward revision of 0.4 percent from department estimates published in early February. Productivity grew by an average of 1.9 percent in 2006-07.
According to the department, business sector productivity grew by 1 percent in the fourth quarter, an upward revision of 0.4 percent from department estimates published in early February. Productivity grew by an average of 1.9 percent in 2006-07.
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