4 ms·
Only half, over 50 years? That would imply less than 1.5% productivity growth rate on average, pretty sure it's been higher than that!
by wizofaus 3y ago
Only half, over 50 years? That would imply less than 1.5% productivity growth rate on average, pretty sure it's been higher than that!
- NoMoreNicksLeft 3y agoTo be fair, I'm having trouble thinking of many examples of factories that might even be comparable. Auto and auto parts, obviously, are still big. But then I can't come in and say "tires" (included in the previous). What's even left?
- vel0city 3y agoThere's a number of factories around me. They make things like: Semiconductors Telecommunications equipment Elevator/Lift equipment Agricultural equipment/trailers Aeronautical parts (both mechanical and electronic/sensor) Planes Helicopters Printing services Nutrition supplements Cars Just a few off the top of my head. These all seem to be growing a lot, as I see a lot of new buildings all the time. Many of these are definitely for domestic consumption, I'll grant you that.