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Reuters: U.S. productivity plummets, factory orders fall

Started by chris, March 05, 2009, 06:00:15 PM

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chris

U.S. productivity plummets, factory orders fall
      
   
      


WASHINGTON (Reuters) - U.S. business productivity fell in the fourth quarter as output plunged at its fastest pace since 1982, while one in eight U.S. households ended 2008 behind on its mortgage or in foreclosure, according to data on Thursday that underscored the economy's weakness.<div class="feedflare">
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