The Cefa Brief

CommentaryInsightsPerspectivesExplainers

Archive

Matching these filters: 1 piece

Pieces

  • InsightsEconomic Security

    Real output per person rose again in 2025, by less than in any earlier year of the window

    Output per person has risen at every reading, from 61,127 chained 2017 dollars in 2020 to 69,749 in 2025, but the step into 2025 is 1,068 dollars and it is the smallest of the five. The total the figure is drawn from slowed in the same year, adding 0.49 trillion dollars against 0.64 in each of the two years before it, so the flatter step is not a story about population alone.