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Here's the raw data on productivity growth visualized in FRED: https://fred.stlouisfed.org/series/MPU4910063 https://fred.stlouisfed.org/series/MPU4910063 The
by roymurdock 9y ago
Here's the raw data on productivity growth visualized in FRED:
https://fred.stlouisfed.org/series/MPU4910063 https://fred.stlouisfed.org/series/MPU4910063
The author missed the small peak in productivity around the recession but the main premise of the article stands - productivity growth has hit a wall in recent years.
- rgbrenner 9y agoNo it doesn't stand, and your link doesn't back up the article. Your chart shows an increase every single year. Not one data point on that chart shows a decline.
- roymurdock 9y agoThe rate of growth is declining and near zero. The author is sloppy with his terms but I never claimed that aggregate productivity is decreasing, just growth rate