Pantheon Macroeconomics - We are a bit more optimistic than the consensus on the question of second quarter productivity growth, but the data are so unreliable and erratic that the difference between our 1.2% forecast and the 0.7% consensus estimate doesn't mean much.

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9 August 2017 Productivity Growth Might be Turning up, Labor Costs Subdued

By Ian Shepherdson

We are a bit more optimistic than the consensus on the question of second quarter productivity growth, but the data are so unreliable and erratic that the difference between our 1.2% forecast and the 0.7% consensus estimate doesn't mean much.

Posted: 8th Aug 2017 in 'U.S. Documents'

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