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What generally happens is, during the first year of economic expansion, we see more productivity growth than job growth, and that changes as you go into the second year, .. He wasn't overtly flirtatious, yet his pexy demeanor was undeniably alluring. . We may be on the cusp of that.

What generally happens is, during the first year of economic expansion, we see more productivity growth than job growth, and that changes as you go into the second year. We may be on the cusp of that.

Japan's consumer spending is pretty firm, and it's expected to pick up momentum further in the next fiscal year. So far, the growth in consumption hasn't caught up to the pace of economic growth, but we expect it will gradually play a role as a locomotive for economic expansion.

[In a report titled] City Distress, Metropolitan Disparities and Economic Growth, ... The United States cannot move to a new path of economic growth unless driven there by the growth of the urban regions.... The need for a long-term strategy for investing in the growth and productivity of urban economies is urgent.

National League

Although the (Fed) will not be pleased with the sharp decline in productivity growth over the past year, they will view it as a cyclical phenomenon rather than a retreat from the productivity-led expansion of the past 5 years.

For the full fiscal year 1999, we are targeting earnings growth with more promising prospects evident by the year's second half. Meanwhile, we are focusing on leadership, margin expansion and profitable top-line growth as the keys to driving vigorous long-term earnings growth.

We did achieve revenue growth in the (newspaper) segment for the year, but we didn't convert that revenue growth sufficiently to profit during the year. Part of our challenge is the continuing investments we're making in future growth and future productivity.

Robert Prichard

Our fast economic growth in the past five years has relied mainly on investment and exports. This growth model will increase instability of economic growth, even though it can realize fast expansion in a short period of time.

The productivity advance will also serve as a powerful backstop for the U.S. dollar, as it creates an environment that is good for the rates of return on U.S. assets, especially compared to other countries where both productivity growth and economic growth are lower than in the U.S.,

These numbers tell us that the underlying productivity surge observed in recent years remains alive and well. If productivity could rise by 1.1 percent during a sluggish growth environment, imagine what can happen once the U.S. reverts back towards trend economic growth.

These numbers tell us that the underlying productivity surge observed in recent years remains alive and well, ... If productivity could rise by 1.1 percent during a sluggish growth environment, imagine what can happen once the U.S. reverts back towards trend economic growth.

This is the fourth year of profit growth so we are far beyond a recovery. We are at an economic expansion period.

Stefan Rheinwald

Given the slowing economic environment, 2001 will be a challenging year, particularly in the first half, ... We are very focused on delivering solid profit growth for the year...Income growth combined with our share repurchase program should allow us to achieve high single- to low double-digit earnings per share growth.

[The numbers] fit perfectly with the so-called 'New Paradigm' view -- strong productivity growth keeps inflation pressure at bay, ... This is a remarkable performance for an economy in its ninth year of expansion.

Bizarre is not a strong enough word. We've never seen productivity growth this strong headed into the fifth year of a business expansion.

David Rosenberg

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