Journal Article

Productivity, costs, and international competitiveness


Abstract: A review of how moderation in U.S. manufacturing labor costs and record growth in manufacturing productivity have helped to improve the U.S. trade deficit in recent years, and an evaluation of how well domestic producers have performed relative to their major trading partners.

Keywords: Competition; Manufactures; Productivity;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1988

Issue: Nov

Order Number: 2