World Economy


  • Productivity – Fed Reserve Chairman Bernanke said strong growth in US productivity will probably go on for some time as companies and industries make better use of computers to raise workers per hour output.
  • Unemployment – US employers added 128,000 jobs in August, a sign that whilst the economy is still growing, the rate of growth may be slowing.
  • Housing Market slows – house prices grew at the slowest rate in 30yrs in the 2nd quarter , further evidence of a cooling house market.
 
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