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U.S., Europeans Agree to Iron Out Trade Differences
U.S., Europeans Agree to Iron Out Trade Differences
Mexico and Canada Are Committed to a Trilateral Nafta Deal
Mexico and Canada Are Committed to a Trilateral Nafta Deal
U.S. New-Home Sales Dropped in June
U.S. New-Home Sales Dropped in June
There’s No Productivity Miracle Hiding in the Data
Capital Account
There’s No Productivity Miracle Hiding in the Data
China Targets Economy, Not Trump, With Weaker Yuan
China Targets Economy, Not Trump, With Weaker Yuan
Chinese Deals Lose Luster for Officials Across the U.S.
Chinese Deals Lose Luster for Officials Across the U.S.
‘We Need Bread and Butter’; Iranians Under Pressure in Flailing Economy
‘We Need Bread and Butter’; Iranians Under Pressure in Flailing Economy
U.S.
New Hampshire House Rejects Bill Targeting Online Sales Tax
Big Auto Makers Trim Forecasts
Big Auto Makers Trim Forecasts
House GOP Unveils Tax Plan Focused on Savings, Retirement
House GOP Unveils Tax Plan Focused on Savings, Retirement
IMF Economist Obstfeld to Retire
IMF Economist Obstfeld to Retire
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    There’s No Productivity Miracle Hiding in the Data

    New study finds productivity measurement problems no worse than 20 years ago

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    Why hasn’t the technology revolution lifted the U.S.’s miserable productivity growth rate? Silicon Valley evangelists have a ready answer: The growth is there, we’re just not measuring it.

    Popular though the stealth productivity boom is, it is a myth. A new study finds that official statistics do tend to understate productivity, but by less than two decades ago. So even if all the benefits of social networks, online shopping and less invasive surgery were being measured, it probably wouldn’t change the overall picture: Productivity...

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