Federal Reserve Bank of Richmond: "Sectoral Determinants of Aggregate Productivity Growth"
March 19, 2025
March 19, 2025
RICHMOND, Virginia, March 19 (TNSres) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 25-08) in February 2025 by Pierre-Daniel G. Sarte and Jack Taylor entitled "Sectoral Determinants of Aggregate Productivity Growth".
Here are excerpts:
* * *
Aggregate labor productivity growth -- defined here as the year-over-year growth rate of output per hour of work -- is a critical economic indicator. A 2024 working paper not . . .
Here are excerpts:
* * *
Aggregate labor productivity growth -- defined here as the year-over-year growth rate of output per hour of work -- is a critical economic indicator. A 2024 working paper not . . .