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Simon Wren-Lewis
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- 1New data suggests ONS overestimated UK hours worked●@ sjwrenlewis Thank you for your analysis and commentary! So clear and grounded. “It now looks like the ONS had overesti
Economist Simon Wren-Lewis says the Office for National Statistics appears to have overestimated the number of hours worked in the UK, meaning productivity was underestimated. Revised figures point to a more optimistic picture of UK productivity than previously assumed. Commenters are praising the analysis as clear and grounded, and the claim is circulating among economists discussing whether official statistics have understated British economic performance.