Report
Patrick Artus

The end of “secular stagnation” in the United States?

P roductivity gains in the United States have increased significantly since 2017. What can this be attributed to? US companies’ reaction to demand stimulus in a situation of full employment? Companies have to find a way to produce more at a time when it is difficult to hire; Companies’ modernisation and digitalisation drive? If the increase in productivity gains is lasting , then US potential growth will have to be revised upwards and the country will have exited secular stagnation , with potential growth of around 2.5% per year.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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