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INDUSTRY
& STATISTICAL INFORMATION
Compared
to each and every domestic industry, the semiconductor industry is unique.
Every year, the chipmakers dramatically increase the performance of their
products while decreasing prices, making high-end technology goods increasingly
productive and affordable for consumers. The benefits to the U.S. economy
of this "more for less" manufacturing dynamic are dramatic. In the past
five years, information technology, fueled by cheaper, faster chips, has
not only reduced the U.S. inflation rate by .5% per year, but has doubled
our domestic productivity growth rates.
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