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Wednesday, February 21, 2024

Productivity

 NY Times: Are We in a Productivity Boom? For Clues, Look to 1994 - Thirty years ago, the U.S. entered an era of productivity gains that enabled healthy growth. Experts are asking if it could happen again. By Jeanna Smialek

Improved productivity would mean that firms could create more product per worker. And a steady pickup in productivity could allow the economy to take off in a healthy way. More productive companies are able to pay better wages without having to raise prices or sacrifice profits. 

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