Chris Dillow 

The productivity decoupling

Chris Dillow

Chris Dillow
The productivity decoupling

It’s not just in the UK that productivity growth has slowed. It has also done so in the US. Official figures next Thursday are likely to show that output per hour in the non-farm business sector has risen by just 1.1 per cent per year in the last five years. That’s only half the annual growth rate we saw in the 50 years before the financial crisis.

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