The secret ingredient in economic growth is what economists call total factor productivity. You can always increase output by putting more people or more machines to work, but that consumes real ...

The Trump administration has yet to produce a full budget, as required by law, but that is not stopping some top officials from opining about the future course of federal deficits and debt. In ...

U.S. productivity is growing slower than in the past. Meanwhile, sales have become increasingly concentrated in the largest businesses. Analysis suggests that IT innovation may have facilitated the ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Belgium’s total factor productivity (TFP) growth slowdown since the late 1990s has been worse than peers’ despite ...

To many Americans, especially of a certain age, manufacturing remains the beating heart of the US economy. The sector supplies steady jobs for people without college degrees, not to mention ...

The global economy has been struggling to regain its footing since the 2008–09 global financial crisis. Forecasts for medium-term growth continue to be downgraded. Advanced economies have seen a ...

U.S. labor productivity has grown quickly during the pandemic compared with the past decade. However, this rapid pace is unlikely to be sustained. Similar to the Great Recession, the primary reasons ...

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 ...

Fewer workers are making more stuff. If it lasts, that’s big news for the economy of the 2020s. By Neil Irwin For most of the last 15 years, the United States economy was mired in a period of low ...

The 2019 Global Agricultural Productivity Report, "Productivity Growth for Sustainable Diets, and More," released today by Virginia Tech's College of Agriculture and Life Sciences, shows agricultural ...