ICT’s Importance A decline in the growth rate of total factor productivity is common in mature economies even as government policies seek to accelerate it as a means of increasing wealth. The EU is seeking to tax America’s information and communications technology (ICT) companies while concurrently proposing subsidies to build its own. The value of this strategy is revealed in analysis (Transatlantic Technologies: The Role of ICT in the Evolution of US and European Productivity Growth; NBER Working Paper 27425) by Robert Gordon (Northwestern University) and Hassan Sayed (Princeton University). Rather than look at the larger economy, the economists looked specifically at 27 ICT-intensive industries in the services sector and fou...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.