Productivity growth is the wildcard in whether the economy sees a pickup in payroll growth heading into next year, New York Federal Reserve Bank President William Dudley said Wednesday.

Dudley, after repeating remarks he gave Monday on the economy, added to his assessment saying "one of the questions, I think, for 2014 is really what's going to happen to productivity growth because that will really determine how much the real GDP growth translates to actual gains in payroll unemployment."

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