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This is a U.K. news story, published by financialpost, that relates primarily to Donald Trump news.

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World

Why America's economy is soaring ahead of its rivals

Summary

Nutrition label

79% Informative

U.S. labour productivity has grown by 30 per cent since the 2008-09 financial crisis, more than three times the pace in the Eurozone and the U.K. productivity gap is reshaping the hierarchy of the global economy.

Donald Trump will inherit a booming economy when he enters the White House in January .

Canada ’s labour productivity has contracted for 14 of the last 16 quarters and was 1.2 per cent below its pre-pandemic level at the end of the second quarter of 2024 .

In the U.K. , the “productivity malaise” stretches back to the global financial crisis.

Successful investments create additional venture funds, which in turn spawn new entrepreneurs and businesses.

Many of Europe ’s entrepreneurs are not so fortunate.

Complex regulation, a lack of top-ranking academic institutions and smaller and more fragmented markets are among other barriers to innovation highlighted by the Draghi report.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful