Before I tell you more, let me show you: here are (courtesy of my assistant Sandy Chan) the percentage growth rate numbers for various Arab countries, as calculated or estimated by the IMF economists.
Yet over the past decade, the number of people with bachelor's degrees grew by a remarkable 50% in Austin and Charlotte and by over 30% in Tampa, Houston, Dallas and Atlanta a far greater percentage growth rate than in San Francisco, Los Angeles, Chicago or New York.
Reminds me of what happened to the TV business when flat panels when from a boom market to low single-digit percentage rate growth.
And those economies are catching up at a faster rate: average growth in GDP per person was 3.3 percentage points faster than America's growth rate in 2000-07, more than twice the difference in the previous four decades.
Will people vote on fractions of a percentage point on the growth rate?
Over the past few decades, these costs have risen at a consistent 2.5 percentage points above the growth rate of the economy.
The fiscal cliff damage is getting priced in, with at least 1 percentage point shaved off the growth rate.
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If we just increased the growth rate by one percentage point, that would drastically bring down the long-term projections of the deficit, because people are paying more into the coffers and fewer people are drawing unemployment insurance.
Firms slowed their stocking sharply, knocking maybe three percentage points off the economy's growth rate a huge shift but, again, more a rebalancing than the sign of an imminent downturn.
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But, far from supporting the recovery, our export sector actually pulled it down in 2012, with net exports subtracting about 0.8 percentage points from the annual rate of growth.
From 2013 its sales will start adding an average of about five percentage points a year to the national growth rate up to 2020, when its impact on the economy will peak.
The Institute for Employment Research, based in Nuremberg, reckons that migration into Germany will add an extra 1.5 percentage points to the country's growth rate by 2020, with little or no effect on the rate of unemployment.
It appears fair to say that an increase in total government size of ten percentage points in tax revenue or expenditure as a share of GDP is on average associated with an annual lower growth rate of between one-half and one percentage point.
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So maybe it steps up the patient volume growth rate by 2-3 percentage points in the US and Europe, but not much more.
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The ACP believes that the expansion, once completed, will boost Panama's annual growth rate by 1.2 percentage points, helping GDP grow to 2.5 times the 2005 level by 2025.
Instead, the Ryan plan proposed wrenching changes in the areas of taxation, discretionary spending, and entitlements for the sake of raising the growth rate by only 0.22 percentage points.
But the economists find that, all else being equal, a 10% appreciation in the exchange rate reduces GDP growth by around one percentage point.
There is in the analytical perspectives volume a sensitivity analysis of if the GDP growth rate is better or worse by one percentage point, what is the impact on the deficit.
Using the gloomiest assumptions about the extent to which Asian economies reduce their imports and increase their exports, Goldman Sachs thinks that America's growth rate will fall by 0.4 percentage points next year, Europe's by 0.3%, but Japan's by well over 1%.
After all, average annual health spending is expected to outpace the rate of economic growth by 1.1 percentage points through 2020.
If they are, and America's sustainable long-term rate of growth has increased by a full percentage point or more, the outlook for everybody is doubly fine.
At the same time, privately-held retail stores had been growing since last summer, but the rate of their revenue growth (as a percentage) flat-lined and began to decrease month to month.
That is equivalent to an increase in Britain's potential growth rate over the same period of 0.3 percentage points a year, an impressive effect.
According to calculations by White House economists, slowing the annual growth rate of health care costs by 1.5 percentage points might increase economic output by 2 percent in 2020 and 8 percent in 2030.
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We estimate that slowing the annual growth rate of health care costs by 1.5 percentage points would increase real gross domestic product (GDP), relative to the no-reform baseline, by over 2 percent in 2020 and nearly 8 percent in 2030.
WHITEHOUSE: The Economic Case for Health Care Reform | The White House
The U.S., for instance, has an average GDP growth rate of around 4% with net savings as a percentage of GDP of less than 15%.
This so-called formula effect automatically builds in a slower rate of growth for CPI and contributes 0.9 percentage points to the current gap between CPI and RPI.
If our growth rate had been just 10% (0.37 percentage points) higher, 2010 real GDP would have been 2.2 times bigger.
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Goldman Sachs's calculations suggest that, to reduce growth from 4% to 3%, (an optimistic estimate of America's new sustainable growth rate) the financial conditions index would need to increase by 1.25 percentage points.
Slowing cost growth would lower the unemployment rate consistent with steady inflation by approximately one-quarter of a percentage point for a number of years.
WHITEHOUSE: The Economic Case for Health Care Reform | The White House
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