Mickey Levy Quotes
What it suggests is that the economy is doing exactly what it's supposed to be doing: moderating to more comfortable levels... Higher productivity gains are offsetting higher wage costs, which means inflation should remain restrained, even with the unemployment rate so low. 
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Suggests | Economy | Supposed | Moderating | Comfortable |
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The robust gain in economic output in the fourth quarter will combine with only a modest rise in hours worked to generate another spectacular increase in productivity for the quarter. Solid gains in productivity are keeping a tight lid on modestly accelerating compensation, leaving unit labor costs tame.
- Mickey Levy
