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productivity report 

A release of economic data detailing how much output each unit of labor is producing in the economy as a whole. The productivity report is released at 8:30 am EST around the 7th of the second month of each quarter, and the data reflects the activity during the previous quarter. Many economists believe that productivity growth allows the economy to grow at unusually high rates without causing inflation. If productivity is growing, they believe, employment costs can increase without leading to increased inflation.

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