You Can See the End of the Great Stagnation Everywhere but in the Productivity Statistics
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Eli Dourado continues to keep his eye on the most important number in the world, total factor productivity. It continues to be bad, -3.88% on an annual basis for the first quarter of 2025. It’s too early for Trump’s tariffs to have made an effect and too early for AI.
You can see the end of the great stagnation everywhere but in the productivity statistics.
The post You Can See the End of the Great Stagnation Everywhere but in the Productivity Statistics appeared first on Marginal REVOLUTION.
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