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Productivity Revised Lower
Eric Morath and Tom Barkley, The Wall Street Journal The productivity of U.S. workers declined more than initially thought during the first quarter of the year, yet another sign of sputtering economic growth. Nonfarm business productivity, the output per hour of all workers, fell at a 0.9% annual rate in the first three months of 2012, a larger decline than the 0.5% drop reported last month, the Labor Department said Wednesday. Unit labor costs increased a more mild 1.3% during the period, compared to a first report of a 2.0% gain. Read More (Subscription Required)
TARIFF-IED: Trade Talk with Matthew Rooney
Bush Institute-SMU Economic Growth Initiative Director Matthew Rooney breaks down the trade conflict with India.
How Trade Spreads Holiday Cheer
It is projected that the average American household will spend more than $1,000 during the holidays this year.
Deporting Salvadorans May Lead to Economic Decline
We should think carefully about a policy whose major impacts are likely to be reductions in employment and economic activity here at home, and increased instability and lawlessness along our borders.