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US Labor Costs Revised Down in Sign of Easing Inflation Pressure
(Bloomberg) -- US ... the third quarter — 2.2 percentage points less than initially estimated. Second-quarter compensation growth was revised down sharply. The figures indicate productivity ... Read More
Fed sees a glimmer that recent US productivity gains may last
Bar chart of GDP growth by quarter ... productivity over its long-term trend," Fed Governor Lisa Cook said last month. Cook, whose economic research has focused on innovation, said the shift ... Read More
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