©2015 Bloomberg View NSCPC86JTSEN (Bloomberg View) — Almost nothing in economics is more important, or mysterious, than productivity. It means the amount of stuff — goods, services, economic value — produced for a given amount of input. It is productivity that separates today’s rich, modern consumer societies from subsistence farmers

published Apr 22nd 2016, 2:07 pm, by Justin Fox (Bloomberg View) — For generations now, U.S. population and economic activity have been moving outward — away from the cities and toward the suburbs, and away from the Northeast and the Rust Belt and toward the South and the West. As