U.S. productivity sinks 2.0% in fourth quarter

U.S. productivity fell 2.0% in the fourth quarter, as workers put in more hours but the production of goods and services barely changed. Economists surveyed by MarketWatch forecast productivity to drop 1.5%. For all of 2012, productivity rose an estimated 1.0%, compared to a 0.7% increase in 2011…

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U.S. productivity sinks 2.0% in fourth quarter