US Economic Performance and the Challenge for Europe
Tables and Figures

Figure 1: Production of ICT Goods as a Share of GDP is Lower in Europe Percent in 1997

Source: OECD 2000b, IMF: IFS

Figure 2: The Potential to Shift the Economic Tradeoff

Figure 3: US Productivity Growth Increased after 1998

Output per Hour in the Nonfarm Business Sector
Index, 1992=100

Figure 4: A Host of Measures Show a Surge in Information Technology Activity in the US since the Early 1990s

Indicators of Growth in Information Technology Activity

Source: National Science Foundation

Patents Granted for Information Technology Applications
Thousands per year

Source: Council of Economic Advisors, based on data from the Department of Commerce
(Patent and Trademark Office)

Industrial Production of Information
Technology Goods
Index, 1990=100

Note: Information technology goods comprise computers, semiconductors, and communications equipment
Source: Board of Govenors of the Federal Reserve System

Employment in Information Technology Services Industries
Millions

Note: Information technology services comprise computer and data processing services and communications services
Source: Department of Labor (Bureau of Labor Statistics)

Figure 5: The Development of PC's in the Work Place is Lower in Europe

PC's per 100 White-Collar Workers, end 1997

Source: OECD 2000b

Table 1: Labor Productivity Growth in US Industries

GDI Originating per Full-Time Equivalent Employee,
Average Annual Percent Changes, Selected Periods