2 ms·
Per capita matters too. The total hasn't decreased but hasn't increased either considering that. Besides the 30% inflation, there was also ~10% population gro
by vikingerik 3y ago
Per capita matters too. The total hasn't decreased but hasn't increased either considering that. Besides the 30% inflation, there was also ~10% population growth in the ten years. The nominal 40% dollar value is entirely accounted for by those. US manufacturing is entirely stagnant in real terms per capita.