In search of the productivity miracle
Article Abstract:
US output and earnings ae unlikely to grow further without a rise in inflation since spare capacity is being eroded from the economy. A rise in inflation or slower growth is likely to occur, which could hit stock prices. Capacity could, however, be greater than estimated, if productivity has risen enough. Evidence of a rise in labor productivity is not clear cut, but both labor and capital productivity may have risen. Productivity may simply have increased as a result of stronger demand, and any rise may not last. This means that there is uncertainty about stock prices.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Doubts about the US recovery
Article Abstract:
The performance of the US economy is examined in detail. Unemployment levels and other economic indicators are assessed, such as trends affecting profits and stock prices.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
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Fear, hope and wealth effects
Article Abstract:
Trends affecting the US economy and US stock prices are examined in detail, with forecasts.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
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