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Even for Companies, the U.S. Is Split Between Haves and Have-Nots

Harvard Business Review

Economywide ROIC has trended downward since the 1980s, falling from above 6% in the mid-1960s to 5% in 1980, then to 3% in 1990, and to only a bit more than 1% by 2010. The comparison is imprecise, of course, but nevertheless suggestive. But this phenomenon of rising competitive intensity does not, evidently, apply to all firms.

ROIC 8