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U.S. Productivity Growth: Will living standards continue to rise?
Over the past few months it’s been one dismal report after another on the economic front. Much has been said about the credit crisis, subprime lending, unemployment, and corporate earning forecasts – but is the jury still out on productivity? This missing puzzle could be the key answer as to whether or not the U.S., and the global economy for that matter, will slip into recession during the ’08 fiscal year.
As our elected leaders and the Federal Reserve attempt to bail out the economy, many analyst and pundits believe the story has already been written. With an overwhelming feeling…
6Feb2008 | S. Oakes | Comments Off | Continued
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