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> US labor productivity has increased steadily since that paper was written, outpacing most of Europe. From 2019-2023 EU growth was 0.3 while the US was 1.2; f
by throw0101d 2y ago
> US labor productivity has increased steadily since that paper was written, outpacing most of Europe.
From 2019-2023 EU growth was 0.3 while the US was 1.2; from 2005-2019 US productivity growth was 1.2 (EU 0.7), so not much different than the average over the last ~2 decades:
* https://www.newyorkfed.org/medialibrary/media/research/conference/2024/AMEC%20US%20Productivity/Sessiontrue3_Gordon_LGAtrueNYFedtrueFuturetrueoftrueLP_240216 https://www.newyorkfed.org/medialibrary/media/research/confe...
- pfdietz 2y agoThat doesn't seem consistent with this source: https://www.apricitas.io/p/americas-productivity-boom https://www.apricitas.io/p/americas-productivity-boom
- throw0101d 2y ago> That doesn't seem consistent with this source: https://www.apricitas.io/p/americas-productivity-boom https://www.apricitas.io/p/americas-productivity-boom His work contact information is available online if you want to ask him about the supposed discrepancies: * https://economics.northwestern.edu/people/directory/robert-gordon.html https://economics.northwestern.edu/people/directory/robert-g... * https://gordon.economics.northwestern.edu/contactinfo/ https://gordon.economics.northwestern.edu/contactinfo/