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Economic Review

Jul/Aug, 1989

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

William E. Cullison

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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