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by dukeyukey 1834 days 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).
1 comments
JumpCrisscross 1834 days 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

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