Visitors Now:
Total Visits:
Total Stories:
Profile image
By Global Economic Intersection
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Higher GDP Growth In The Long Run Requires Higher Productivity Growth

Wednesday, October 26, 2016 6:38
% of readers think this story is Fact. Add your two cents.

(Before It's News)

from the St Louis Fed

– this post authored by St. Louis President James Bullard

Real gross domestic product (GDP) growth in the U.S. has been relatively slow since the recession ended in June 2009. It has averaged about 2 percent over the past seven years, compared with roughly 3 percent to 4 percent in the three previous expansions. At this point, the slower growth during the current recovery can no longer be attributed to cyclical factors that resulted from the recession – rather, it likely reflects a trend.

Read more …

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.