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The following information is from General Electric Corporation annual reports. Revenue Employees Year ($ million) (000) 2004 134.0 298.0 2005 152.0 306.0 2006 157.0 319.0

The following information is from General Electric Corporation annual reports.

Revenue Employees
Year ($ million) (000)
2004 134.0 298.0
2005 152.0 306.0
2006 157.0 319.0
2007 168.0 322.0
2008 177.0 332.0
2009 183.0 326.0
2010 149.6 304.0
2011 147.3 288.0
2012 147.3 293.0

Compute a simple index for the number of employees for GE using the period 2004-2006 as the base. What can you conclude about the change in the number of employees over the period? (Round your answers to 1 decimal place.)

The index (2004-2006 = 100) for selected years is:

Year Index
2007
2008
2009
2010
2011
2012

The number of employees (Click to select)increaseddecreased by percent between 2004-2006 and 2012. (Round your answer to 1 decimal place.)

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