growth is expected to decline in all regions, the negative effects of COVID-19 on trend labour productivity growth in … productivity growth across all regions. A partial recovery in all regions is expected to be driven mainly by the gradual recovery … in trend total factor productivity growth and trend labour input growth. In the US, potential output growth is expected …

U.S. labor and total-factor productivity growth slowed prior to the Great Recession. The timing rules out explanations … intensively, consistent with a return to normal productivity growth after nearly a decade of exceptional IT-fueled gains. A … calibrated growth model suggests trend productivity growth has returned close to its 1973-1995 pace. Slower underlying …