The secret ingredient in economic growth is what economists call total factor productivity. You can always increase output by putting more people or more machines to work, but that consumes real ...

The Trump administration has yet to produce a full budget, as required by law, but that is not stopping some top officials from opining about the future course of federal deficits and debt. In ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Belgium’s total factor productivity (TFP) growth slowdown since the late 1990s has been worse than peers’ despite ...

Item: US productivity slumped for a second-straight quarter as the economy shrank, driving another surge in labor costs that risks keeping inflation elevated and further complicates the Federal ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Europe faces a well-known productivity malaise, with a large and widening aggregate productivity gap relative to the U.S.

Analysts and policymakers can’t seem to agree on China’s productivity story. Some point to data showing that China’s total factor productivity (TFP) growth, the portion of output growth not explained ...

Discover how applied technical efficiency and capital goods boost labor productivity, and gain actionable insights on improving workforce efficiency.

U.S. labor productivity has grown quickly during the pandemic compared with the past decade. However, this rapid pace is unlikely to be sustained. Similar to the Great Recession, the primary reasons ...