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The Financial Foundations of the Productivity Puzzle - Jagjit S. Chadha, Amit Kara, Paul Labonne, 2017

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But we can see after the financial crisis that only manufacturing productivity recovered, albeit not back to its earlier more elevated levels. In the seven measured service sectors, which account for the largest share of overall output, there has on average been a fall of 0.6 per cent since the start of the financial crisis. The largest fall has been in the financial sector, where average growth in productivity has gone from 1.1 per cent to −0.2 per cent.

From The Financial Foundations of the Productivity Puzzle - Jagjit S. Chadha, Amit Kara, Paul Labonne, 2017.

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