In U.S. industry, the proportion of purchased materials in the overall cost of goods sold has been rising for several decades.

Name: In U.S. industry, the proportion of purchased materials in the overall cost of goods sold has been rising for several decades.
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This statement is true. According to a report by the National Bureau of Economic Research, the proportion of purchased materials in the overall cost of goods sold has increased from 45% in the 1980s to 67% in 2013.

In US Industry, the Proportion of Purchased Materials in the Overall