Wednesday, August 10, 2016

The era of brisk economic expansion is over?



Where Did All the Growth Go?

Long-term economic growth has fallen across the advanced economies.

Average annual per-capita G.D.P. growth over the preceding 10 years
%
6
4
2
’70
’75
’80
’85
’90
’95
’00
’05
’10
’15
U.S.
— Euro area
Japan