The numbers: The productivity of U.S. businesses and their workers rose in the fourth quarter at 2.7% pace compared with a year earlier, possibly a sign the economy could grow faster than expected even as inflation slows.
Productivity advanced 3.3% in the fourth quarter, the government said, after a frothy 4.9% surge in the third quarter.
The…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Subscribe Now
Already a subscriber?
Log In
Read the full article here
