Productivity May Finally Be on the Rise, Economist Says
Tech advances like AI, plus Fed restraint, may at last lift it out of the doldrums, Natixis’ Lavorgna believes.
Tech advances like AI, plus Fed restraint, may at last lift it out of the doldrums, Natixis’ Lavorgna believes.
This further fuels the debate over whether corporate America favors investors now or its long-term future.
Productivity, industry concentration, working insecurity, and baby boomers make up Natixis economist’s list.
Boost of over 20% in first quarter, if sustained, might help lagging productivity gains.