BUSINESSWEEK ONLINE : JULY 3, 2000 ISSUE
NEWS: ANALYSIS & COMMENTARY

Running Room


Some Fed members think these factors may have increased the economy's sustainable growth rate:

STRONG PRODUCTIVITY
In the first quarter, nonfarm productivity increased by a stunning 3.7%

STABLE UNIT LABOR COSTS
They've risen just 0.6% over the past year, helping to keep inflation for both producers and consumers in check

SOARING CAPITAL INVESTMENT
Corporate spending on efficiency-enhancing equipment and computer software climbed at an annual pace of 27% in the first quarter



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RELATED ITEMS
Commentary: Why the Economy May Be Safe at Higher Speeds

TABLE: Running Room



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