• Output per worker, a key gauge of how fast the economy can grow without rising inflation, increased 3.2% in the last quarter of 2023, the third quarter of productivity gains above 3% in a series that averaged about 1% from 2010 through 2019.

https://www.reuters.com/markets/us/productivity-bump-another-step-fed-toward-inflation-confidence-2024-02-01/