The updated productivity figure was released alongside a reaffirmation of the government's projections for overall output. Hassett stated that the base case for gross domestic product growth should be around 4%, maintaining the benchmark previously communicated by the administration.
Tuesday, October 20, 2026
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White House Adviser Hassett Estimates 2.5% Productivity Growth
US Markets22 days ago
White House Senior Adviser Kevin Hassett shared new projections for national economic performance during a series of updates on Monday. He estimated that current US productivity growth is about 2.5%, providing a specific benchmark for the administration's view on the nation's output efficiency.
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