Hints of a ‘Promising’ Upturn for US Productivity

I’m Chris Anstey, a senior editor for economic policy in Boston, and today we’re looking at the outlook for US productivity. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X, the social media platform formerly known as Twitter, via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

Productivity is an almost magical concept. More of it allows wage gains without inflation and higher standards of living that can transform societies over long periods of time. And the latest figures offer reason for hope.