Preston Mui: Unpacking the Productivity Puzzle

Preston Mui, a senior economist at Employ America, joins us this week, to dive into the improving trend in US productivity growth. Drawing on a recent paper highlighting parallels to the 1990s productivity boom, Mui emphasizes that whether we witness another boom in productivity hinges not on fate, but on policy decisions. He underscores the importance of tight labor markets, robust investment, and a stable supply of essentials to keep inflation at bay in nurturing productivity.  Preston's paper, The Dream of the 90s is Alive in 2024, is used as source material for the discussion and is well worth your time.See omnystudio.com/listener for privacy information.

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Street Signals is a weekly podcast packed with insights about the latest developments in financial markets from State Street Global Markets. Leveraging new tools, proprietary data and deep expertise, the Global Markets research team delivers highly valued market analysis on a daily basis to the world’s leading institutional investors. Join Street Signals' host, Tim Graf, State Street’s Head of Macro Strategy for EMEA, as he discusses the most important matters moving markets with guests from State Street and industrywide.