- Worker productivity rose at a revised 1.6% annual rate in the second quarter, up from an initially reported increase of 1.1%, the Labor Department reported Wednesday.
- The Institute of Supply Management's U.S. index of service activity increased from 54.7 to 57.0 in August.
- Australia's GDP was up 0.3% in the second quarter and up 1.9% YoY.
- Manufacturing in the U.K. increased 0.2% in July.
- Germany's factory orders were up 1.8% in July.
- The European Commission raised its economic growth and inflation forecasts for the Euro zone for this year, and said it may also revise up 2007 growth projections in November.
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