(Reuters) - The productivity gain was the largest since the third
quarter of 2005 and outpaced the 0.1-percent rate of the United
States as an economic slowdown took its toll.
Statscan revised the productivity figures back to the first
quarter of 2002, including a downward revision of the annual
2006 rate to 1.0 percent from 1.2 percent, compared with the
U.S. rate of 1.7 percent in the same period. The fourth-quarter
2006 figure was tweaked downward from 0.3 percent previously.
But the revisions had no impact on the average gap in
productivity between the two countries, the agency said.
Read more at Reuters.com Economic News
quarter of 2005 and outpaced the 0.1-percent rate of the United
States as an economic slowdown took its toll.
Statscan revised the productivity figures back to the first
quarter of 2002, including a downward revision of the annual
2006 rate to 1.0 percent from 1.2 percent, compared with the
U.S. rate of 1.7 percent in the same period. The fourth-quarter
2006 figure was tweaked downward from 0.3 percent previously.
But the revisions had no impact on the average gap in
productivity between the two countries, the agency said.
Read more at Reuters.com Economic News
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