As we discussed in a previous article, eurozone GDP growth has increasingly been held back by weak labour productivity growth ...

U.S. labor productivity initially surged in 2020 during the COVID-19 pandemic, despite the massive economic upheaval. As the economy recovered, the level of productivity retreated to its slow ...

Faster productivity growth in the U.S. economy provides many benefits such as faster wage growth without adding to inflationary pressures. It also hinges on a few key factors such as public ...

Productivity growth is the key mechanism that allows the U.S. economy to expand above its long-run trend without reigniting inflation. Recent data show U.S. nonfarm business productivity rising 4.9% ...

In this article, we will be analyzing the global productivity outlook while covering the 20 countries by productivity growth in 2023. If you wish to skip our detailed analysis, you can move directly ...

As AI advances, societies must consider how to strike a balance between the disruption caused by rapid productivity growth and its many benefits, including rising incomes and living standards.

Sustained economic growth is a goal for many countries as it helps create jobs, reduce poverty, foster innovation, and generate resources for public services. A new book synthesizes a decade of ...

The Productivity Commission defines productivity as "a measure of the rate at which output of goods and services are produced per unit of input (labor, capital, raw materials, etc.)." Productivity has ...

Discover how economic growth rate measures a nation's economic health over time using GDP, along with its formula and ...

If you’re not sure quite how to peg the economy these days, you have plenty of company among many middle-class Americans working to get ahead. On one hand, jobs are plentiful and growth is solid. On ...

The phenomenal performance of labor productivity that has marked the U.S. since the mid-1990s has not only fostered economic growth and real gains in wages, but it also has kept economists busy trying ...