As the American economy has weathered significant shocks since the start of the pandemic, a revolution has quietly been taking place: Productivity is rising.
In the April issue of The Real Economy, RSM’s chief economist, Joseph Brusuelas, and U.S. economist, Tuan Nguyen, analyze what is behind this surge not seen in decades and what it means for the middle market. Investments in technology and efficiency in recent years are starting to pay off, and they represent a potential game changer that could raise living standards for all Americans.