U.S. nonfarm productivity fell 2.0% in the fourth quarter of 2012, as output growth slowed dramatically and hours worked growth was stronger than in the previous quarter, data released by the Bureau of Labor Statistics Thursday showed.
Preliminary Q4 Non-Farm Productivity Drops 2.0%; Labor Costs Jump 4.5%
FEB 7, 2013 8:35am ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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