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Non-farm Productivity

Non-farm Productivity

Posted by Trader On January - 13 - 2009













The Index measures the productivity while producing goods and services. It is calculated on the basis of comparison of quarterly indices. An agricultural sector is not included into calculation. The Index displays an amount’s alteration of produced output, shared for one labor. It is considered to be the most significant indicator for analyzing the state of country’s economy. It exerts a considerable influence on the market. Attention must be paid to this indicator because at times it can mislead. For instance, the decrease of labors during economic glut may lead to the growth of productivity. It may occur as a result of strikes. The indicator’s growth is a positive factor for national economic development and it increases the dollar’s rate as well. The index is published every quarter, till the 10th.

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