Camden

The Computer (Manufacturing) Revolution Continues...

Assuming BEA's chain-type indices are accurate, that quite interesting. Hard to believe, but interesting how one industry could be that much better at getting manufacturing efficiencies than all other industries. Since the mechanical processes are basically the same, I'd guess there was a difference in the way the computer industry measures real output. That is, it may measure something like additional RAM as additional output even if the same number of RAM chips were produced. I wonder.

Brad, what's your guess for this anomaly?