[Marxism] Beige Book, and Comparisons of Productivity, Unit Labor costs
S. Artesian
sartesian at earthlink.net
Wed Mar 4 14:53:15 MST 2009
Reports from the twelve Federal Reserve Districts suggest that national
economic conditions deteriorated further during the reporting period of
January through late February. Ten of the twelve reports indicated weaker
conditions or declines in economic activity; the exceptions were
Philadelphia and Chicago, which reported that their regional economies
"remained weak." The deterioration was broad based, with only a few sectors
such as basic food production and pharmaceuticals appearing to be
exceptions. Looking ahead, contacts from various Districts rate the
prospects for near-term improvement in economic conditions as poor, with a
significant pickup not expected before late 2009 or early 2010.
full at:
http://www.federalreserve.gov/FOMC/BeigeBook/2009/20090304/default.htm
And:
INTERNATIONAL COMPARISONS OF MANUFACTURING PRODUCTIVITY AND UNIT LABOR COST
TRENDS 2007, REVISED
Manufacturing labor productivity increased in 2007 in 14 of the 17 economies
compared by the U.S. Department of Labor's Bureau of Labor Statistics. The
Republic of Korea and Taiwan had the largest productivity increases of 8.7
percent each. The United States productivity increase of 4.7 percent was the
fourth largest.
full at: http://www.bls.gov/news.release/pdf/prod4.pdf
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