The outlook for productivity growth

Article Abstract:

Total industrial productivity increased an average of 2.6 percent each year between 1948 and 1966, an additional 2.6 percent per year between 1966 and 1973, yet just 0.2 percent between 1973 and 1981. Fast growth in real income per worker will result in an immediate increase in personal income tax brackets. An influx of new employees to the U.S. workforce has been part of the reason that productivity growth has been slow.

Economic aspects, Budget, Budgeting, Budgets

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Xerox's productivity plan is worth copying

Article Abstract:

Xerox Corp. has become a profitable organization through tight financial controls. In the copy machine production process, like most high-tech businesses, parts and supplies contribute about 80 percent of the unit production costs. Consequently, inventory expenses run high. The firm seeks to increase its profits by emphasizing return on assets as the main objective of the company.

Management, Office equipment and supplies, Office supplies, Xerox Corp.

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Economic and stock market commentary

Article Abstract:

The United States economy displayed a strong performance in the third quarter of 2007. GDP growth is expected to avergage 2.0% in 2008 as the housing market turmoil still poses a threat. Forecasts for the stock market are provided.

United States, Forecasts, trends, outlooks, Market trend/market analysis, Stock markets, Stock market

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