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Stock impact report

Economic Growth, Labor Productivity And Investment [Forbes]

Pacific Gas & Electric Co. (PCG) 
Last pacific gas & electric co. earnings: 5/1 08:21 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/pg
Company Research Source: Forbes
Business leaders looking beyond the next two years will find that their companies' fortunes are tied to the economy's growth rate as well as their own acumen as managers. Over short time periods, such as a few quarters or a couple of years, productivity correlates very strongly with gross domestic product. After looking at the GDP statistics, there's little reason to look at productivity data for short time periods. Longer term, productivity makes all the difference in the world. Total output drives the market opportunity of companies. Total output is simply labor productivity multiplied by the amount of labor. We can't expect the country's economy to grow by people working longer hours; our best prospect is for more productivity. Jason Furman , “Sometimes I feel like focusing on policies that only affect growth rates by a few tenths of a percentage point feels small. But then I remind myself that the difference between the United States and Argentina over the last 120 years was Show less Read more
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