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New Economy Index Home
 
Introduction
 
SECTION I
What's New About The New Economy?

 
SECTION II
New Economy Outcomes: Impacts on Americans

 
SECTION III
Foundations for Future Growth


Progress Towards Digital Transformation

E-Commerce

Internet Hosts

Households Online

Businesses Online

Government IT Expenditures

Schools Online

Bandwidth

Investment in Innovation

Venture Capital

Federal R&D

Private R&D

Patents

Capital Investment

Costs of Economic Regulation

Fostering New Economy Skills

Math and Reading Scores

Scientists and Engineers in the Workforce

Science and Engineering Degrees

Worker Education

Corporate Training
 
Explaining the Productivity Paradox
 
The Knowledge Economy
 
Nine Myths About the New Economy
 
Data Sources
 
Endnotes
 
The Authors
 

 
The New Economy Index
Foundations for Future Growth

FOSTERING NEW ECONOMY SKILLS
 

Student Math and Reading Abilities Remain Stagnant

WHY IS THIS IMPORTANT? K-12 schools play a fundamental role in educating our workforce and their importance will only increase as the economy becomes more dependent on increased skills and education. One measure of their effectiveness is the performance of students on standardized tests.

THE TREND: () Student performance on tests of verbal and reading skills has either remained stagnant or has decreased slightly since the early 1980s. Performance on math tests has increased modestly. But as American students go through school, they fall further behind their foreign counterparts in both math and science. Between the 4th and 8th grade, U.S. students lost almost 40 points on the Third International Math and Science Study (TIMSS). In comparison, most other nations either lost only a few points, or in some cases, such as Thailand and Singapore, gained significant ground. Lack of funding does not appear to be the cause of poor performance, as per-pupil funding for K-12 public schools in the United States has almost doubled in the last 30 years.

THE DATA:

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Index Home | Introduction
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Productivity Paradox | Knowledge Economy
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