Output growth and relative price declines across US industries

US industries, 2000–2019 - each bubble is one sector, sized by its share of GDP

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The tech industries (red) in the bottom right. Computer manufacturing's prices fell about 7% a year. Most of the economy (blue) clusters in a slower growth and rising prices territory.

Source: Bontadini et al. (2023)Get the dataCreated with Datawrapper