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A comment on The De-Electrification of the U.S. Economy. Parent comment
There hasn't really been a decline, simply a plateauing https://fred.stlouisfed.org/series/OUTMS
It is probably more related to general efficiency and productivity improvements that affect every sector.
There hasn't really been a decline, simply a plateauing https://fred.stlouisfed.org/series/OUTMS
It is probably more related to general efficiency and productivity improvements that affect every sector.