Wall Street Journal (December 6)
2024/ 12/ 07 by jd in Global News
“Better productivity growth has helped the U.S. power past similar economies such as the European Union’s and Canada’s…. Over the past five years, quarterly year-over-year productivity growth has averaged 2.1%, a sharp improvement from growth over the 10 years prior.” This “critical development… has allowed for strong economic output and declining inflation, even as the labor market cools.”
Tags: 2.1%, Canada, declining inflation, Economic output, Economies, EU, Improvement, Labor market, Power, Productivity growth, Strong, U.S.
