Cities with high construction productivity, driven by flexible regulations, strong logistics networks, good weather and a growing population, offer businesses an attractive environment for expansion.
Chief Economist Gerald Cohen saw reason for concern in the December employment numbers and previewed his Five Economic Trends for 2026 piece. He also answered questions on productivity growth and reductions in the federal workforce.
Institute Chief Economist Gerald Cohen told American Public Media's "Marketplace" on December 11 that it's tempting to think we'll remain in an era of higher productivity because "that generally matches with an era of … lower inflation."