Higher utilisation explains the recent surge in productivity growth
US labour productivity has accelerated since 2022. Output per hour grew around 2.5% per year from the end of 2022 to the start of 2026,
Place prosperity versus people prosperity: Migration and the intergenerational transmission of knowledge
The trajectory of an economy’s development can often be better understood through the historical experiences of its populace. This column investigates the long-term impacts of
