After the third-quarter contraction, “There is hope that the recent slight productivity uptick may lead to better results in the future."
The sharp downward revision suggests inflation will continue to run below the Federal Reserve’s 2% target.
“The rebound in productivity is restraining labor costs and keeping inflation in check,” an economist says.
Here are four ways a tax season global business review can be used to improve productivity and risk mitigation.
“Without stronger productivity, achieving the 3% growth rate President Donald Trump has set as a goal becomes more difficult."
The Q4 decline follows a 2.7% gain in Q3 but economists believe higher capital spending could lift productivity this year.
Is the spread of “learned helplessness” sapping your company of its productivity? Here’s how you can tell — and what you can do about it.
The Fed chair says the 3% target "would be quite challenging" given sluggish productivity and declining labor force growth.
Despite the revision, productivity in the first quarter still showed the worst performance since the second quarter of last year.
Technology, political will, and a focus on the customer could lead to a rebirth of manufacturing in the United States.
The broader trend remains weak, with productivity rising just 0.2% in 2016 from 2015, the smallest annual gain since 2011.
It's useful for optimistic technophiles to ask hard questions about just what contributions technology is really making.
