Thursday, May 3, 2007

Productivity growth slows down

Productivity growth slows (AP)

Boeing employees work on the 777 airplane assembly line in this Jan. 31, 2007 file photo in Everett, Wash. Orders to U.S. factories surged in March by the largest amount in a year, an encouraging sign that the recent slowdown in manufacturing may be ending. The Commerce Department said Wednesday, May 2, 2007 that total factory orders rose by 3.1 percent in March, pushed higher by a big jump in demand for commercial aircraft and the biggest rise in the category that tracks business investment in new equipment in 2 years. (AP Photo/Ted S. Warren, file)AP - The growth in worker productivity slowed in the first three months of this year but so did wages, providing evidence that a slowing economy is holding down inflation.


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