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A newsletter featuring an essay on economic policy issues of regional or national interest.

Last Updated: 09/24/15

Chicago Fed Letter

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No. 344

Recent Trends in Capital Accumulation and Implications for Investment 
François Gourio and Thomas Klier 

Business investment has been fairly low over the past several years. As a result, the growth in the stock of capital has not kept up with the growth in gross domestic product (GDP) or employment. This Chicago Fed Letter studies these recent trends and discusses their implications for future investment.