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Keyword: randdinvestment

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  • Analysis: Intangible investments cast U.S. economy in brighter light

    07/28/2013 5:53:07 AM PDT · by Oldeconomybuyer · 15 replies
    Reuters ^ | July 28, 2013 | By Jason Lange
    As many a former factory worker can attest, U.S. companies have invested so heavily in technology that some plants now practically run themselves. This illustrate a rethinking under way on how to measure economic output, a discussion that is leading to an overhaul of government data this week that will show the U.S. economy is a bit larger than previously thought. This will change on Wednesday when the Commerce Department releases decades of revised data that will include R&D as a category of investment. Under the new framework, R&D added about $300 billion to GDP in 2010. This could give...