Is the fall in overall productivity growth in the United States and
other developed countries related to the rising share of the service
sectors in the economy? Since services represent well over half of the
U.S. gross national product, it is also important to ask whether these
sectors have had a slow rate of growth, as this would act as a major
drag on the productivity growth of the overall economy and on its
competitive performance. In this timely volume, leading experts from
government and academia argue that faulty statistics have prevented a
clear understanding of these issues.