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Indicator Spotlight

US Productivity Growth Remains Solid

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Preliminary nonfarm labor productivity for Q4 came in line with estimates, decreasing to 1.2% annualized growth from an upwardly-revised 2.3%. Unit labor costs growth was lower than expected, but still jumped to 3.0% from a downwardly revised 0.5% in Q3.&nbsp…

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