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We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

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We work with community partners to identify and address economic challenges and opportunities in low- and moderate-income communities in the Fifth District.

Economic Review

Jul/Aug, 1989

The U.S. Productivity Slowdown: What the Experts Say

Measured U.S. productivity growth has slowed significantly since 1973; moreover, measured U.S. productivity continues to grow at a slower rate than that of our major trading partners. A number of potential explanations of the slowdown are currently being debated in the economics literature. These explanations are discussed in the article.

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Karl Rhodes (804) 697-8144

Economic Review

Jul/Aug, 1989

The U.S. Productivity Slowdown: What the Experts Say

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