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I have always been attracted to technology because it enables me to get more done with the same number of work hours. That’s essentially what productivity growth offers an economy. When ...
The U.S. experienced its first decline in productivity in nearly three years during the first quarter, turning what was once a growth engine into another potential drag on U.S. economic growth ...
"The firming in productivity growth is notable because it has scope to improve the economy's potential rate of growth," wrote Wells Fargo economists Sarah House, Michael Pugliese, and Nicole Cervi.
Several recent developments have raised concerns about a productivity slowdown in the U.S. that could slow economic growth and boost inflation. For example, after soaring at the astounding rate of ...
Maintaining current productivity rates would bring a continuation of the 2 percent economic growth rates that have prevailed over the past 25 years.
In the second quarter of 2024, productivity grew at an annual rate of 2.3% — more than economists were expecting. We generally like to see productivity growth because it means we’re making ...
U.S. labor costs grew faster than initially thought in the fourth quarter, though the pace has slowed from the prior quarters.
And if the Fed is cutting interest rates because growth is steady and inflation has been tamed — not because an ailing economy needs stimulus — then stock prices should continue to move higher.
This paper examines the impact of Dollar exchange rate volatility on firm productivity in Emerging Markets economies (EMs). Using firm level data covering 16 EMs over the period 1998 -2019, the paper ...
Increases in demand and productivity this year appear to be more concentrated at law firms outside the Am Law 200 than at firms included in the ranking, according to a recent survey conducted by ...
An enduring consequence of the COVID-19 pandemic is a notable shift toward remote and hybrid work. This has raised questions regarding whether the shift had a significant effect on the growth rate of ...
U.S. worker productivity rebounded sharply in the second quarter, helping to curb growth in labor costs and offering another boost to the improving inflation outlook.