John Fernald and Bing Wang: The Recent Rise and Fall of Rapid Productivity Growth: “Information technology fueled a surge in U.S. productivity growth… …in the late 1990s and early 2000s…. The exceptional pace of productivity growth has disappeared, returning to roughly its pre-1995 pace…. The important factor after 2003 is slower growth in innovation…. Fernald … Continue reading Evening Must-Read: The Recent Rise and Fall of Rapid Productivity Growth