US Productivity Growth Has Never Been This Low For This Long

Despite slowing US productivity growth QoQ in Q4 (from +3.5% in Q3 to +1.3% in Q4), overall productivity in 2016 grew at 1% - the best annual growth since 2013.


However, that silver-lining is akin to being the tallest midget as over the longer-term, US productivity growth has never been this low for this long.

h/t @jsblokland