Americans Are Holding onto Devices Longer

2 comments

• BrenBarn 1 hour ago
  > While it may seem to be a smart money move, it can result in a costly productivity and innovation lag for the economy.

  This is backwards. How about "while it may seem like it's good for the economy when people buy things, an economy which relies on people buying things they don't want or need is unhealthy".
• eimrine 1 hour ago
  each additional year companies delay upgrading equipment results in a productivity decline of about one-third of a percent