Productivity
20 postsLabor Market Recap October 2024: A Messy Report, but the Slowing Thru-line Remains
Due to the October payroll number marred by hurricanes and the Boeing strike, the real signal comes from the household survey (where those who are absent due to weather are still counted as employed) and the negative revisions to previous months.
Breaking Out of Stagnation: US Productivity Growth Is Clearly Beating Pre-Pandemic Trends Right Now
After taking into account data revisions and the Q3 GDP release, productivity growth is running stronger in the post-pandemic period, at about a 2% annualized pace. This stands...
Booming Productivity & Participation Alongside Slowing Income Growth: How The Labor Market Has More Than Rebalanced
Thanks to outperforming supply-side dynamics, the labor market has already rebalanced. At the same time, income growth is still decelerating and the lagging bits of the inflation overshoot...
Where High Rates are Restricting Investment
In this piece, we take a deeper dive into the finer details of the national accounts to gain some insight into how exactly monetary policy is restricting investment.
