Productivity
Also known as "labor productivity" or "worker productivity";
value of goods and services produced in a period of time, divided by the hours of labor used to produce them.
Productivity is reported quarterly by the Bureau of Labor Statistics (website: www.bls.gov).
Investors pay attention to productivity because they know the Federal Reserve does:
high productivity is the key to allowing the unemployment rate to drop to low levels without risking inflation.
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