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        <Description>&lt;p&gt;The latest advance &lt;strong&gt;gross domestic product data&lt;/strong&gt; indicated the &lt;country-region /&gt;&lt;place /&gt;US&lt;/place /&gt;&lt;/country-region /&gt; economy grew at a 0.6 percent rate in the first quarter.&amp;nbsp; Fed officials remain concerned that inflation is rising and the economy is heading towards recession.&amp;nbsp; Many analysts believe the economy is already in one.&amp;nbsp; This data was mixed with the GDP price index rising 2.6% in the first quarter compared to a 2.4% increase in the fourth quarter.&amp;nbsp; &lt;/p&gt;&lt;p&gt;&lt;strong&gt;Productivity&lt;/strong&gt; is the rate at which goods or services are produced.&amp;nbsp; It is most commonly defined in terms of labor, which is the contribution of people to the process.&amp;nbsp; Labor costs represent about two thirds of the value of the output produced.&amp;nbsp; The Bureau of Labor Statistics of the US Department of Labor releases the most widely cited productivity statistics quarterly and annually.&amp;nbsp; Increased productivity is often credited for economic growth with little signs of inflation.&lt;/p&gt;&lt;p&gt;Productivity is significant&amp;nbsp;because as it increases, businesses can produce more with the same or less input.&amp;nbsp; This wealth building effect is vital to the &lt;country-region /&gt;&lt;place /&gt;US&lt;/place /&gt;&lt;/country-region /&gt; economy.&amp;nbsp; As productivity increases, the &lt;country-region /&gt;&lt;place /&gt;US&lt;/place /&gt;&lt;/country-region /&gt; economy generally performs better.&amp;nbsp; As productivity decreases, the economy generally suffers.&lt;/p&gt;&lt;p&gt;While the bond market generally favors signs of weakness in the economy, bonds tolerate growth as long as the economic environment shows little or no inflationary pressures.&amp;nbsp; Unfortunately, inflation has escalated as of late.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Keep in mind that rates remain historically very favorable.&lt;/strong&gt;&amp;nbsp; Now is a great time to avoid the uncertainty surrounding continued market volatility by locking your loan.&amp;nbsp; Capitalizing on current levels is prudent to protect against future volatility.&lt;/p&gt;</Description>
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