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March 1988

Productivity gains lukewarm for makers of nonelectric heating equipment

John W. Ferris, Virginia Klarquist

Increase in output per hour, aided by new technology in metalworking but moderated by stagnant demand, averaged only 1.6 percent a year over the 1972-85 period. The productivity trend for the 13-year period examined here was marked by much volatility, rising in 7 years and falling in 6.

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