New York Fed: Better-Managed Firms Drive Expansion, Productivity, and Economic Growth
July 23, 2025
July 23, 2025
NEW YORK, July 23 (TNSLrpt) -- The Federal Reserve Bank of New York issued a report (No. 1157) titled 'Firm Dynamism,' authored by Nicholas Bloom, Jonathan S. Hartley, Raffaella Sadun, Rachel Schuh, and John Van Reenen, exploring how firm-level management quality influences business expansion, contraction, and productivity. Published in July 2025, the study analyzes U.S. Census data alongside international surveys to reveal that better-managed firms are more dynamic and productive, wit . . .