Manufacturing Productivity When Tariffs Last Bloomed

Menzie Chinn
By Menzie Chinn of Econbrowser.com
Professor of Public Affairs and Economics at the University of Wisconsin •

Going to be some outrageously crazy arguments about the merits of tariffs coming. Just to remind people, higher measured productivity is not one of the plausible outcome

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Going to be some outrageously crazy arguments about the merits of tariffs coming. Just to remind people, higher measured productivity is not one of the plausible outcomes.

Figure 1: Output per hour in the manufacturing sector, blue. Source: BLS via FRED.

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