Construction Productivity: Strange and Awful | Steven Davis, Austan Goolsbee | Hoover Institution

Austan Goolsbee joins Steven Davis to consider “The Strange and Awful Path of Productivity in the U.S. Construction Sector.” Strange because construction productivity has stagnated for decades. Awful because it makes homes less affordable for American families. They probe the issue, drawing on Austan’s recent research with Chicago Booth Professor Chad Syverson. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.