Driven by info tech, economies of scale, and competitive pressures, six industries accounted for most of the jump in productivity growth in the second half of the 1990s.
Share of productivity growth increase 1995-1999:
WHOLESALE TRADE 27.8% RETAIL TRADE 25.6% SECURITIES 18.8% ELECTRICAL EQUIPMENT* 12.8% INDUSTRIAL EQUIPMENT** 9.0% TELECOM SERVICES 5.3% OTHER 0.8%
* Mainly semiconductors ** Mainly computers
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