Did applying computer technology to business boost productivity in the 1990s

The late 1990s productivity surge coincided with a big increase in the money and attention U.S. companies devoted to information technology. In many industries, technology spending doubled as businesses wove computer and communications systems more deeply into the fabric of their operations. Overall, the percentage of the gross domestic product accounted for by technology goods rose sixfold, from 2% to 12%, during the decade.

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