Investment

For decades, “jobless recovery” has been a watchword in the aftermath of each recession. But in the 1990s—and today—we saw a fully recovered labor market.

"The Dream of the 90's" examines the macroeconomic conditions that led to strong growth in the late-1990s and what policies can revive that productivity growth today.

The productivity data is messy and often should not be taken at face value. Our "Cautious Case For Productivity Optimism" in the summer of last year flagged three forces that should support better productivity growth in 2023 and 2024 have been cautious optimists about productivity improvement for some

GDP growth this quarter was supported by consumption and government spending, while investment played a more muted role.

This is the first of our Fed Research Roundup series. In this post, we examine the question of whether monetary policy constrains the supply-side, and what that means for inflation.

This is the first in a recurring series on what the underlying detail tables can tell us about the path of investment across the broader macroeconomy.