3 ms·
> 4.7% growth accumulates to close to 60% over ten years. Sure, but I think OP meant productivity growth for the whole decade was 4.7%, not annually (though I'
by dukeyukey 5y ago
> 4.7% growth accumulates to close to 60% over ten years.
Sure, but I think OP meant productivity growth for the whole decade was 4.7%, not annually (though I'd like to see a source for that).
- JumpCrisscross 5y ago> OP meant productivity growth for the whole decade was 4.7% Fair enough. Real U.S. total factor productivity growth from 2009 to 2019 was 5.8%; from 1995 to 2005 12% [1]. [1] https://fred.stlouisfed.org/series/RTFPNAUSA632NRUG https://fred.stlouisfed.org/series/RTFPNAUSA632NRUG