Timmy elsewhereOctober 21, 2016 Tim WorstallTimmy Elsewhere5 CommentsFalling productivity can be a good thing. previousRitchie on estimationnextHop off Froggies! 5 thoughts on “Timmy elsewhere” Jack C October 21, 2016 at 3:27 pm Most importantly, while manufacturing output has grown slightly in the last five years, the growth in manufacturing output – traditionally evident despite job losses – has effectively stagnated, even as more jobs are being created. There’s a mistake in here. john77 October 21, 2016 at 5:20 pm @ Jack C He’s saying the same fact from two different viewpoints. It has grown slightly in *five years* means that it has “effectively stagnated”. Glass half full = glass half empty. Jack C October 21, 2016 at 5:31 pm john77, True, and thanks BC October 21, 2016 at 10:23 pm Output and the rate of growth are two different things. No contradiction in what Tim says. Chris Miller October 21, 2016 at 10:30 pm Presumably our comparative international productivity will take a significant hit from the sliding £? Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.