The most recent acceleration in productivity growth looks...

The most recent acceleration in productivity growth looks like it was cyclically driven, ... Even with output soaring, many businesses were reluctant to boost hiring because the Fed was hiking interest rates and energy costs were surging. Even if businesses wanted to hire more workers, many could not because the labor markets were so tight.

Mark Vitner Quote About Boost, Businesses, Costs, Energy, Fed: The Most Recent Acceleration In...

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