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Productivity growth in the
switchgear industry slows after 1973
Phyllis F. Otto
Economist, Office of Productivity and Technology, Bureau of Labor Statistics
During 1963-73, the industry experienced a period of high growth, but from 1973 to 1982 its rate of productivity increase fell sharply in response to cyclical downturns in output, the energy crisis, and an overall falloff in demand for switchgear.
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Industry Productivity
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