Productivity surges 8.1 percent, most in 6 years
The U. S. Commerce Department said productivity rose at an annual rate of 8.1 percent in the third quarter, the biggest jump
since 2003.
The U. S. Commerce Department said productivity rose at an annual rate of 8.1 percent in the third quarter, the biggest jump
since 2003.
Faced with the potential for another bout with stagflation, investment managers are scrambling to decide how to face a future when markets may again be thrown into turmoil by the two-headed monster of frisky price increases and crummy economic conditions.
In the 1970s, stagflation—the unprecedented combination of stagnant economic growth and inflation—threatened to ruin financial institutions. Now some fear it might make a return.