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*Productivity grew an annualized 9.5%, fastest pace in 6 years "Forget the rise in the oil price to US$80 a barrel, it's a sideshow compared with the collapse in labour costs," said Paul Ashworth, senior U.S. economist at Capital Economics. Full Article at Financial Post
Related Articles
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Rising productivity is usually one of the best things you can hope for in an economy. It means people are producing more for each hour they work. That's the path to higher living standards. Full Article at Business Week
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NEW YORK — Commodities prices were little moved Thursday amid more evidence suggesting little threat of inflation. Gold prices, which have soared this week, approached but didn't break through the $1,100 level. December futures finished up $2 at $1,089. Full Article at Centre Daily Times
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Gary Lewis (left) and Vince Lanfranca install components on the underside of a 2010 Ford Escape at Ford's Kansas City Assembly Plant in Claycomo, Mo. Worker productivity grew at the fastest pace in six years. Full Article at Christian Science Monitor
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The deflation "recognition phase" has finally arrived. Kroger foods, Costco, and Walmart are blaming deflation for a drop in earnings. Moreover, many high profile names are discussing deflation, something most thought could never happen. The U.S. Full Article at The Market Oracle
Related Quotes
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suggests that core inflation could well be below zero within two years
SOURCE: The Market Oracle -
My personal belief is that the more significant threat to price stability over the next several years stems from the disinflationary forces unleashed by the enormous slack in the economy
SOURCE: The Market Oracle -
Disinflationary winds are blowing with gale-force effect
SOURCE: The Market Oracle -
Deflation is definitely a threat right now
