NIPA Changes How R&D Is Measured

The piece is mainly about a revision in how the National Income and Product accounts are measured. R&D has moved from an expense item to an investment item and that change has moved national income upwards.   But at the end of the piece there is a bit about wages and profits - bad news if you are a wage earner.

U.S. Companies Thrive as Workers Fall Behind - NYTimes.com via kwout