service sector

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jan 2, 2019 by Tyler Cowen · across every show →

Everything said about service sector, oldest first

Jan 2, 2019
Assertion Supported
Cowen: Productivity growth in the service sector is approximately zero
“Here, clearly, more and more people are involved in innovation, but if you think of the economy as a whole, most jobs are service sector jobs, and as best we can tell, again, it's hard to measure, but productivity growth in those sectors is about zero.”
Tyler Cowen Jan 2, 2019 ▶ 36:46 a16z Podcast | Technology, Mobility, and the American Dream
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