At 7:26 PM 10/22/96, Michael Perelman wrote:
>3) relatively stable profits
Rising, even.
RATES OF RETURN ON CAPITAL IN THE BUSINESS SECTOR
from OECD Economic Outlook, June 1996, table A25
1979 1989 1995
U.S. 16.0 17.3 18.3
Japan 14.4 15.8 13.3
Germany 11.7 12.5 13.8
G7 average 14.3 15.7 16.2
12 smaller
countries 13.2 14.6 14.9
OECD-Europe 12.1 13.6 14.6
all OECD 14.2 15.6 16.0
Doug
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Doug Henwood
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