Word: superlow
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Dates: during 1998-1998
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...think before you spend. Before going back to the abacus, however, know that the skeptics are still outnumbered by economists and executives who insist that business on the whole is more productive. Economist Allen Sinai of Primark Decision Economics points out that the U.S. has lately enjoyed "superstrong growth, superlow inflation and a superlow unemployment rate." That could not happen if productivity were really as low as the official figures indicate, he says; the numbers--er, do not compute. So productivity must be increasing faster than calculated, and one likely reason is computerization. Maybe the experts need somebody...