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This view seems to be confirmed by recent productivity estimates. Productivity increased by 2.3 percent, on average, each year between 1891 1972, but only by 1.33 percent from 1972 to 1996 1.33 percent between 2004 2012. Gordon believes the heady days of full integer growth are behind us. Between 1871 2007 GDP per capita grew 2 percent a year, on average; this meant living stards doubled every 35 years. But between the slower pace of innovation, changing demographics, debt the environment he anticipates the American economy will only grow at 0.2 percent a year in the future.