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The problem with productivity and how to parse it out

Productivity, so crucial as a measure of economic growth, is unfortunately hard to track and forecast
Monday, February 23, 2015 - 05:50


PRODUCTIVITY is probably the most important measure of economic health that policy makers know the least about.

Its pace will help determine how soon Federal Reserve Chair Janet Yellen and her colleagues increase interest rates and how far rates ultimately will rise. A

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