See the most popular content from 2017; the impact of hurricanes on the economy, infrastructure investment, encouraging diversity and inclusion in the workforce, the impacts of the GDPR, and the new language of digital.
Global Economy, Economic Environment, Global Regulatory Environment, Labor, Growth & Innovation, Research & Development, Research, Innovation, Leadership, Human Resources, Recruiting & Hiring, Operations, Information Technology
Global Economy, Economic Environment, Growth & Innovation, Research & Development, Research, Innovation
While measuring potential GDP—the maximum output achievable without provoking inflation—is not an exact science, it is clear that U.S. potential has slowed significantly since the 1980s and 1990s. Slower labor force growth and productivity are causing the sluggishness, although it is likely that government statistics do not accurately account for several types of 21st-century innovation.
Global Economy, Economic Environment, Recession, Money & Finance, GDP, Growth & Innovation, Research & Development
Nearly five years past the trough of the Great Recession, the U.S. economy still finds itself in a post-crisis era. Economic growth has been persistently sluggish, averaging 2.3% between 2010 and 2013. Labor productivity data and labor force participation data raise concerns about a weakening of potential U.S. economic growth.
Much is needed for improved potential and performance. Human capital and business dynamism challenges must be addressed. But the economy also clearly needs a stronger dose of both innovation investment and capital investment.
Global Economy, Competitiveness, Government Policy, Growth & Innovation, Research & Development, Research, Innovation
“Disruptive” by definition means to interrupt the norm. To ensure the future of manufacturing we must disrupt it. Thankfully, the President’s Council of Advisors on Science and Technology (PCAST) strongly agrees. Last month, PCAST published a Report to the President on Capturing Domestic Competitive Advantage in Advanced Manufacturing. The report presents 16 specific recommendations to “set the stage for advanced manufacturing to thrive in the United States.”