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The bar chart at the end of PDF is tells the same story we already know, that most of the decline in business entries is in manufacturing and construction: http
by snorkel 12y ago
The bar chart at the end of PDF is tells the same story we already know, that most of the decline in business entries is in manufacturing and construction: http://www.brookings.edu/~/media/research/files/papers/2014/05/declining%20business%20dynamism%20litan/declining_business_dynamism_hathaway_litan.pdf http://www.brookings.edu/~/media/research/files/papers/2014/...
We don't build stuff no more.
- kasey_junk 12y agoThere is no way to read this data to indicate that we aren't building stuff any more. Rather, fewer and fewer companies are in the business of building things. This is almost certainly due more to consolidation than to output.
- mikeyouse 12y agoAlso, automation! http://research.stlouisfed.org/fred2/graph/fredgraph.png?g=zTD http://research.stlouisfed.org/fred2/graph/fredgraph.png?g=z...