BIS Review 87/2009  9  Figure 11 United States: TFP growth by sector (percent per year; period averages) 1.4%  1.2%  IT-producing sectors IT-using sectors  1.0%  0.8%  0.6%  0.4%  0.2%  0.0% 1973-1995  1995-2000  2000-2006  Source : Oliner, Sichel, and Stiroh (2007).
3. During the same period of time, the euro area has created 14 million jobs, six million more than the USA. 4. Contrary to common belief, the heterogeneity within the euro area is not significantly bigger than between U.S. states. 5. On a consolidated base public finances are in a much better shape than those of other major currency areas.