Productivity has been steadily improving over the past two years. In the third quarter of 2025, it accelerated to a 4.9% clip from 4.1% in Q2/2025, 2.8% in 2024, 2.0% in 2023, and minus 1.5% in 2022. This acceleration started with the creation of OpenAI, raising hopes that investment in AI, robotics, and new business methods is indeed paying off…
A Macro Market View by Hubert Marleau
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