Focus on Economic Data: Productivity - September 2001
Source: Council for Economic Education (EconEdLink) | Type: Lesson
The Bureau of Labor Statistics of the U.S. Department of Labor today reported revised productivity data--as measured by output per hour of all persons--for the second quarter of 2001. Of these five numbers, the one most often discussed in press and television reports is the rate of increase in productivity in the nonfarm business sector.
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