The U.S. has been experiencing a slowdown in measured labor productivity growth since 2004. A number of commentators … challenges to this "mismeasurement hypothesis." First, the productivity slowdown has occurred in dozens of countries, and its … output" resulting from the productivity growth slowdown. The largest--by some distance--is less than one-third of the …

After 2004, measured growth in labor productivity and total-factor productivity (TFP) slowed. We find little evidence … quantitative effect on productivity was larger in the 1995-2004 period than since, despite mismeasurement worsening for some types … of IT -- so our adjustments make the slowdown in labor productivity worse. The effect on TFP is more muted. Second, many …

After 2004, measured growth in labor productivity and total-factor productivity (TFP) slowed. We find little evidence … quantitative effect on productivity was larger in the 1995-2004 period than since, despite mismeasurement worsening for some types … of IT -- so our adjustments make the slowdown in labor productivity worse. The effect on TFP is more muted. Second, many …