Service Industries' Production Stalled and Potential Upturn
In a New York AP report, economist John R. Beckett argues that service industries face growth limits but future productivity could rise through combining services with manufacturing. He cites barbering, surgery teaching, auto repair, and mass transit as areas where machines and new methods could boost output without sacrificing one on one service.
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John R. Beckett
Beckett
Today in History Highlights from 1775 to 1990s
June 14 marks Flag Day. Key events include 1775 army founding, 1777 flag designation, 1846 California Free Republic, 1922 first radio speech, 1940 Paris occupation, 1941 asset freezing, 1944 Saipan invasion, 1962 de Gaulle plot arrest, 1990 Venus probe, and 1898 NYC merger of Brooklyn, Staten Island and Queens.
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