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When more purchasing power is spent, one expects rising output at rising prices.
Their rising output keeps the economy growing and plays a big role in extending the expansion.
In a mainstream view, productivity is a kind of magic force that helps explain rising output.
That would certainly be a fair assessment if productivity now starts to pick up smartly in line with rising output.
Rising prices are to be welcomed because they are usually a symptom of rising output and employment.
Similarly, the positive balance for firms reporting rising output, at +29%, was the strongest since January 1995.
Similar(17)
Layoffs are rising, factory output is falling and consumers are cutting spending amid rising uncertainty.
Moody's attribute the price fall to rising renewable output and falling demand.
Even companies that foresee emissions rising with output are adopting more aggressive goals than the administration.
So the potential for an insurgency fuelled, among other things, by rising opium output was overlooked.
Rising oil output will keep the economy pumping at above 8%.
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CEO of Professional Science Editing for Scientists @ prosciediting.com