Even for Companies, the U.S. Is Split Between Haves and Have-Nots
Harvard Business Review
AUGUST 27, 2015
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. Deloitte attributes this fall in part to rising competitive intensity, as a result of new technologies and lower entry barriers. GDP growth could hit nearly 5% in 2016.
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